Ready Capital (NYSE:RC) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Thursday.
A number of other brokerages also recently issued reports on RC. Compass Point downgraded Ready Capital from a “buy” rating to a “neutral” rating in a research report on Thursday, August 9th. Zacks Investment Research upgraded Ready Capital from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research report on Wednesday, July 25th. LADENBURG THALM/SH SH started coverage on Ready Capital in a research report on Monday, September 17th. They set a “neutral” rating on the stock. Raymond James started coverage on Ready Capital in a research report on Monday, July 30th. They set an “outperform” rating and a $18.00 price target on the stock. Finally, Sandler O’Neill reiterated a “hold” rating and set a $17.00 price target on shares of Ready Capital in a research report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $17.50.
Shares of RC stock opened at $14.91 on Thursday. The company has a market cap of $478.86 million, a price-to-earnings ratio of 10.50 and a beta of 0.65. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.60. Ready Capital has a 12-month low of $13.55 and a 12-month high of $17.30.
Ready Capital Company Profile
Ready Capital Corporation operates as a real estate finance company. The company acquires, originates, manages, services, and finances small balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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