Sandler O’Neill Begins Coverage on Ellington Financial (EFC)
Equities researchers at Sandler O’Neill assumed coverage on shares of Ellington Financial (NYSE:EFC) in a research note issued on Wednesday, The Fly reports. The firm set a “buy” rating on the financial services provider’s stock.
EFC has been the subject of a number of other reports. Zacks Investment Research downgraded shares of Ellington Financial from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. BidaskClub raised shares of Ellington Financial from a “sell” rating to a “hold” rating in a report on Friday, August 11th. ValuEngine raised shares of Ellington Financial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Maxim Group reissued a “buy” rating and issued a $20.00 price target on shares of Ellington Financial in a report on Monday, October 9th. Finally, B. Riley downgraded shares of Ellington Financial from a “buy” rating to a “neutral” rating and reduced their price target for the company from $17.50 to $16.00 in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $17.50.
Ellington Financial (EFC) opened at $14.85 on Wednesday. Ellington Financial has a 12 month low of $14.76 and a 12 month high of $17.00. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 1.91. The stock has a market cap of $472.85, a price-to-earnings ratio of 13.00 and a beta of 0.41.
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Ellington Financial Company Profile
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