Essent Group Ltd Lowered to “Neutral” at Macquarie (ESNT)
Essent Group Ltd (NASDAQ:ESNT) was downgraded by stock analysts at Macquarie to a “neutral” rating in a report issued on Tuesday, Stock Ratings Network reports.
Essent Group Ltd (NASDAQ:ESNT) opened at 22.84 on Tuesday. Essent Group Ltd has a 1-year low of $19.95 and a 1-year high of $24.76. The stock has a 50-day moving average of $22.56 and a 200-day moving average of $22.19. The company has a market cap of $1.908 billion and a price-to-earnings ratio of 24.72.
ESNT has been the subject of a number of other recent research reports. Analysts at Compass Point initiated coverage on shares of Essent Group Ltd in a research note to investors on Friday, December 20th. They set a “neutral” rating and a $24.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Essent Group Ltd in a research note to investors on Thursday, December 5th. They set a “neutral” rating and a $23.00 price target on the stock. Finally, analysts at Barclays initiated coverage on shares of Essent Group Ltd in a research note to investors on Monday, November 25th. They set an “overweight” rating on the stock. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $25.00.
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