JGWPT Holdings Rating Reiterated by Deutsche Bank (JGW)
JGWPT Holdings (NYSE:JGW)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Monday. They currently have a $16.00 target price on the stock, up from their previous target price of $14.00. Deutsche Bank’s price objective would indicate a potential upside of 21.86% from the stock’s previous close.
JGWPT Holdings (NYSE:JGW) traded up 1.60% on Monday, hitting $13.34. The stock had a trading volume of 52,469 shares. JGWPT Holdings has a one year low of $9.43 and a one year high of $19.88. The stock has a 50-day moving average of $11.19 and a 200-day moving average of $13.76. The company’s market cap is $170.7 million.
JGWPT Holdings (NYSE:JGW) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.04. The company had revenue of $123.50 million for the quarter, compared to the consensus estimate of $65.71 million. On average, analysts predict that JGWPT Holdings will post $1.66 earnings per share for the current fiscal year.
A number of other firms have also recently commented on JGW. Analysts at Keefe, Bruyette & Woods raised their price target on shares of JGWPT Holdings from $12.50 to $15.50 in a research note on Friday. They now have an “outperform” rating on the stock. Analysts at Zacks upgraded shares of JGWPT Holdings from an “underperform” rating to a “neutral” rating in a research note on Monday, July 21st. They now have a $11.30 price target on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. JGWPT Holdings has a consensus rating of “Buy” and an average target price of $14.48.
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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