JGWPT Holdings Receives Consensus Recommendation of “Buy” from Analysts (NYSE:JGW)
Shares of JGWPT Holdings (NYSE:JGW) have received a consensus recommendation of “Buy” from the eight brokerages that are presently covering the company, American Banking News.com reports. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $13.65.
Shares of JGWPT Holdings (NYSE:JGW) traded up 4.02% during mid-day trading on Monday, hitting $10.10. The stock had a trading volume of 103,883 shares. JGWPT Holdings has a 1-year low of $9.43 and a 1-year high of $19.88. The stock has a 50-day moving average of $14.15 and a 200-day moving average of $16.14. The company’s market cap is $121.5 million.
A number of research firms have recently commented on JGW. Analysts at Deutsche Bank reiterated a “buy” rating on shares of JGWPT Holdings in a research note on Monday. They now have a $14.00 price target on the stock, down previously from $20.00. Separately, analysts at Zacks downgraded shares of JGWPT Holdings from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $9.70 price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of JGWPT Holdings in a research note on Friday. They now have a $17.00 price target on the stock, down previously from $21.00.
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.
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