GWG Holdings, Inc (GWGH) Raised to Hold at Zacks Investment Research
GWG Holdings, Inc (NASDAQ:GWGH) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “GWG Holdings, Inc. and its subsidiaries are engaged in the life insurance secondary market. It offers a variety of solutions for seniors who own life insurance. The Company’s services allow policyholders to sell, keep, trade or gift their life insurance based upon their needs today. GWG Holdings, Inc. is based in Minneapolis, Minnesota. “
Several other research analysts also recently weighed in on the company. Maxim Group reiterated a “buy” rating and set a $14.00 price target on shares of GWG Holdings in a research note on Monday, May 15th. Roth Capital set a $15.00 price target on GWG Holdings and gave the stock a “buy” rating in a research note on Saturday, May 13th.
Shares of GWG Holdings (NASDAQ:GWGH) traded down 0.29% during midday trading on Wednesday, hitting $10.35. 425 shares of the stock were exchanged. GWG Holdings has a 1-year low of $6.22 and a 1-year high of $11.56. The firm’s market capitalization is $59.81 million. The stock’s 50-day moving average price is $10.12 and its 200-day moving average price is $9.44.
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GWG Holdings Company Profile
GWG Holdings, Inc is a specialty finance company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies.
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