Shares of GWG Holdings Inc (NASDAQ:GWGH) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Brokers have set a 12-month consensus price target of $10.50 for the company and are anticipating that the company will post ($0.26) EPS for the current quarter, according to Zacks. Zacks has also given GWG Holdings an industry rank of 43 out of 265 based on the ratings given to its competitors.
GWGH has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of GWG Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 29th. Maxim Group began coverage on shares of GWG Holdings in a research report on Thursday, July 21st. They set a “buy” rating and a $10.00 price objective for the company.
GWG Holdings (NASDAQ:GWGH) opened at 8.48 on Thursday. The company’s market cap is $50.68 million. GWG Holdings has a one year low of $4.21 and a one year high of $11.56. The company has a 50-day moving average of $9.15 and a 200 day moving average of $7.48.
GWG Holdings (NASDAQ:GWGH) last issued its earnings results on Tuesday, August 16th. The company reported $0.85 EPS for the quarter. The firm earned $20.80 million during the quarter, compared to the consensus estimate of $8.60 million. Equities research analysts predict that GWG Holdings will post $0.33 EPS for the current year.
GWG Holdings Company Profile
GWG Holdings, Inc is a specialty finance company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies.
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