Share on StockTwits

Springleaf Holdings (NASDAQ:LEAF) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports.

Springleaf Holdings (NASDAQ:LEAF) opened at 32.289 on Wednesday. Springleaf Holdings has a 1-year low of $18.51 and a 1-year high of $33.92. The stock’s 50-day moving average is $26.81 and its 200-day moving average is $25.45. The company has a market cap of $3.706 billion and a P/E ratio of 62.49.

Springleaf Holdings (NASDAQ:LEAF) last released its earnings data on Thursday, August 7th. The company reported $0.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.07. On average, analysts predict that Springleaf Holdings will post $1.97 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on LEAF. Analysts at JMP Securities raised their price target on shares of Springleaf Holdings from $32.00 to $36.00 in a research note on Monday. Separately, 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, August 8th. They now have an “outperform” rating on the stock. Finally, 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. One analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $30.11.

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.

The Fly On The Wall

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.