Compass Point Initiates Coverage on Consumer Portfolio Services (CPSS)
Equities research analysts at Compass Point initiated coverage on shares of Consumer Portfolio Services (NASDAQ:CPSS) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $10.00 price target on the stock. Compass Point’s price target suggests a potential upside of 27.71% from the company’s current price.
Consumer Portfolio Services (NASDAQ:CPSS) traded down 1.02% during mid-day trading on Tuesday, hitting $7.7499. The stock had a trading volume of 25,105 shares. Consumer Portfolio Services has a 52 week low of $5.61 and a 52 week high of $9.64. The stock’s 50-day moving average is $7.56 and its 200-day moving average is $7.81. The company has a market cap of $192.4 million and a price-to-earnings ratio of 10.30.
Several other analysts have also recently commented on the stock. Analysts at JMP Securities reiterated a “market outperform” rating on shares of Consumer Portfolio Services in a research note on Wednesday, May 7th. They now have a $10.00 price target on the stock, down previously from $11.00. Analysts at Stephens upgraded shares of Consumer Portfolio Services from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 9th.
Consumer Portfolio Services Inc (NASDAQ:CPSS) is a specialty finance company.
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