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Analysts’ Opinions Are Mixed on These Financial Stocks: Barclays (BCS) and New Residential Inv (NRZ)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Barclays (BCSResearch Report) and New Residential Inv (NRZResearch Report).

Barclays (BCS)

In a report released today, Raul Sinha from J.P. Morgan downgraded Barclays to Hold. The company’s shares closed last Monday at $8.09, close to its 52-week low of $7.88.

According to TipRanks.com, Sinha is a 4-star analyst with an average return of 6.2% and a 50.0% success rate. Sinha covers the Financial sector, focusing on stocks such as Close Brothers Group, Standard Chartered, and AIB Group.

The the analyst consensus on Barclays is currently a Hold rating.

See the top stocks recommended by analysts >>

New Residential Inv (NRZ)

In a report released today, Stephen Laws from Raymond James maintained a Buy rating on New Residential Inv, with a price target of $13.50. The company’s shares closed last Monday at $10.81.

According to TipRanks.com, Laws is a 5-star analyst with an average return of 18.0% and a 67.3% success rate. Laws covers the Financial sector, focusing on stocks such as NexPoint Real Estate ate Finance, Finance of America Companies, and Broadmark Realty Capital.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for New Residential Inv with a $12.60 average price target, which is a 15.8% upside from current levels. In a report issued on March 23, BTIG also maintained a Buy rating on the stock with a $13.00 price target.

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