Springleaf Holdings Price Target Raised to $36.00 at JMP Securities (LEAF)
JMP Securities raised their price objective on shares of Springleaf Holdings (NASDAQ:LEAF) from $32.00 to $36.00 in a research note issued on Monday. JMP Securities’ price objective suggests a potential upside of 9.49% from the company’s current price.
Shares of Springleaf Holdings (NASDAQ:LEAF) traded up 0.14% on Monday, hitting $32.925. 263,052 shares of the company’s stock traded hands. Springleaf Holdings has a 1-year low of $18.51 and a 1-year high of $33.33. The stock has a 50-day moving average of $26.46 and a 200-day moving average of $25.35. The company has a market cap of $3.779 billion and a price-to-earnings ratio of 62.51.
Springleaf Holdings (NASDAQ:LEAF) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.07. On average, analysts predict that Springleaf Holdings will post $1.88 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on LEAF. Analysts at Credit Suisse raised their price target on shares of Springleaf Holdings from $30.00 to $36.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Macquarie initiated coverage on shares of Springleaf Holdings in a research note on Wednesday, July 9th. They set a “neutral” rating and a $30.00 price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. Springleaf Holdings has an average rating of “Buy” and an average price target of $30.00.
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.
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