Compass Point Sets Radian Group Price Target at $3.00 (RDN)

By admin | 7 years ago

Equities research analysts at Compass Point lowered their price target on shares of Radian Group (NYSE: RDN) from $5.00 to $3.00 in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock.

A number of other firms have also recently commented on RDN. Analysts at Keefe, Bruyette & Woods, Inc initiated coverage on shares of Radian Group in a research note to investors on Monday, March 26th. They set a “market perform” rating on the stock. Analysts at Zacks downgraded shares of Radian Group from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, February 9th.

Shares of Radian Group opened at 2.62 on Wednesday. Radian Group has a one year low of $1.80 and a one year high of $6.03. The company has a market cap of $349.2 million and a P/E ratio of 1.16.

The company last announced its quarterly results on Tuesday, May 1st. It reported ($1.28) earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of ($0.55) EPS by $0.73. On average, analysts predict that Radian Group will post $-0.42 earnings per share next quarter.

Radian Group Inc. (Radian Group) is a credit enhancement company. The Company operates in three business segments: mortgage insurance, financial guaranty and financial services.

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