Marlin Business Services (NASDAQ:MRLN) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
MRLN has been the topic of several other reports. BidaskClub lowered shares of Marlin Business Services from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. Keefe, Bruyette & Woods assumed coverage on shares of Marlin Business Services in a research note on Tuesday, December 12th. They issued an “outperform” rating and a $26.00 price target on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $29.33.
Marlin Business Services (MRLN) traded up $0.55 during trading on Tuesday, hitting $27.05. 23,960 shares of the stock traded hands, compared to its average volume of 38,809. The firm has a market cap of $335.51, a price-to-earnings ratio of 13.46 and a beta of 1.19. Marlin Business Services has a one year low of $20.26 and a one year high of $29.95.
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Marlin Business Services Company Profile
Marlin Business Services Corp. is a bank holding company and a financial holding company. The Company is a provider of credit products and services to small businesses. The Company provides products and services to its customers, which include loans and leases for the acquisition of commercial equipment, working capital loans, and insurance products.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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