JGWPT Holdings Coverage Initiated at Deutsche Bank (JGW)
Analysts at Deutsche Bank initiated coverage on shares of JGWPT Holdings (NYSE:JGW) in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $21.00 price target on the stock. Deutsche Bank’s price target would indicate a potential upside of 32.16% from the company’s current price. The analysts noted that the move was a valuation call.
JGWPT Holdings (NYSE:JGW) traded up 3.24% on Wednesday, hitting $16.405. 234,980 shares of the company’s stock traded hands. JGWPT Holdings has a 1-year low of $12.50 and a 1-year high of $16.48. The stock’s 50-day moving average is $14.32 and its 200-day moving average is $14.32. The company has a market cap of $160.1 million and a P/E ratio of 2.05.
A number of other analysts have also recently weighed in on JGW. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of JGWPT Holdings in a research note to investors on Wednesday. They set an “outperform” rating and a $20.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of JGWPT Holdings in a research note to investors on Wednesday. They set a “buy” rating and a $19.00 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of JGWPT Holdings in a research note to investors on Tuesday. They set an “outperform” rating and a $19.00 price target on the stock. Five research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of $20.00.
JGWPT Holdings Inc is a direct response marketer that provides liquidity to its customers by purchasing structured settlement, annuity and lottery payment streams, as well as interests in the proceeds of legal claims, in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.