Federal Home Loan Mortgage (OTCMKTS:FMCC) Raised to Buy at Compass Point

Compass Point upgraded shares of Federal Home Loan Mortgage (OTCMKTS:FMCC) from a neutral rating to a buy rating in a report published on Monday morning, BenzingaRatingsTable reports. They currently have $7.00 price objective on the stock.

Shares of OTCMKTS FMCC opened at $3.28 on Monday. The business’s 50 day moving average is $2.46 and its two-hundred day moving average is $2.59. Federal Home Loan Mortgage has a 52-week low of $0.98 and a 52-week high of $3.82.

Federal Home Loan Mortgage Company Profile

Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets.

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