Springleaf Holdings Coverage Initiated by Analysts at Macquarie (LEAF)
Macquarie started coverage on shares of Springleaf Holdings (NASDAQ:LEAF) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on LEAF. Analysts at Sterne Agee downgraded shares of Springleaf Holdings from a “buy” rating to a “neutral” rating in a research note on Thursday, June 12th. They now have a $28.00 price target on the stock, down previously from $30.00. They noted that the move was a valuation call. Separately, analysts at Stephens reiterated an “overweight” rating on shares of Springleaf Holdings in a research note on Thursday, May 15th. They now have a $28.00 price target on the stock, down previously from $29.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Springleaf Holdings in a research note on Thursday, May 15th. They now have a $28.00 price target on the stock, down previously from $32.00. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $28.75.
Shares of Springleaf Holdings (NASDAQ:LEAF) traded up 2.92% on Wednesday, hitting $26.07. The stock had a trading volume of 304,896 shares. Springleaf Holdings has a 52 week low of $18.51 and a 52 week high of $29.50. The stock’s 50-day moving average is $25.44 and its 200-day moving average is $25.16. The company has a market cap of $2.994 billion and a price-to-earnings ratio of 63.64.
Springleaf Holdings (NASDAQ:LEAF) last announced its earnings results on Wednesday, May 14th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.01. On average, analysts predict that Springleaf Holdings will post $1.84 earnings per share for the current fiscal year.
Springleaf Holdings, Inc (NASDAQ:LEAF) is a consumer finance company providing loan products to customers through it’s nationwide branch network and through iLoan, it’s Internet lending division.
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.