Sandler O’Neill Starts Stock Coverage on Medallion Financial Corp (TAXI)

By admin | 6 years ago

Equities researchers at Sandler O’Neill assumed coverage on shares of Medallion Financial Corp (NASDAQ: TAXI) in a report issued on Tuesday. The firm set a “buy” rating on the stock.

Shares of Medallion Financial Corp traded down 1.04% during mid-day trading on Tuesday, hitting $10.42. Medallion Financial Corp has a 52 week low of $8.50 and a 52 week high of $12.59. The company has a market cap of $185.2 million and a P/E ratio of 9.16.

Medallion Financial Corp (Medallion) is a specialty finance company that is engaged in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses.

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