WMIH (COOP) – Research Analysts’ Weekly Ratings Updates

WMIH (NASDAQ: COOP) recently received a number of ratings updates from brokerages and research firms:

  • 10/31/2018 – WMIH was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Mr. Cooper Group Inc. provides quality servicing, origination and transaction-based services principally to single-family residences primarily in United States. The company’s brand consists of Mr. Cooper(R) and Xome(R). Mr. Cooper offers home loan services focused on delivering services and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies. Mr. Cooper Group Inc., formerly known as WMIH Corp., is based in Coppell, Texas. “
  • 10/30/2018 – WMIH was upgraded by analysts at Piper Jaffray Companies from an “underweight” rating to a “neutral” rating.
  • 10/23/2018 – WMIH was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Mr. Cooper Group Inc. provides quality servicing, origination and transaction-based services principally to single-family residences primarily in United States. The company’s brand consists of Mr. Cooper(R) and Xome(R). Mr. Cooper offers home loan services focused on delivering services and lending products, services and technologies. Xome provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents and mortgage companies. Mr. Cooper Group Inc., formerly known as WMIH Corp., is based in Coppell, Texas. “
  • 10/17/2018 – WMIH had its “buy” rating reaffirmed by analysts at Wedbush. They now have a $23.00 price target on the stock.
  • 10/16/2018 – WMIH was given a new $17.00 price target on by analysts at Barclays PLC. They now have a “sell” rating on the stock.

Shares of COOP stock opened at $14.18 on Monday. The stock has a market capitalization of $256.46 million, a P/E ratio of 118.17 and a beta of -0.63. WMIH Corp has a 52-week low of $7.20 and a 52-week high of $20.04.

Mr. Cooper Group Inc provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. It offers home loan servicers focused on delivering various servicing and lending products, services, and technologies. The company provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents, and mortgage companies.

See Also: Technical Analysis

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