In the last three months, 7 analysts have published ratings on Velocity Financial (NYSE:VEL), offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
5
1
0
0
Last 30D
0
1
0
0
0
1M Ago
0
1
0
0
0
2M Ago
0
0
0
0
0
3M Ago
1
3
1
0
0
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $18.93, a high estimate of $22.00, and a low estimate of $17.50. Witnessing a positive shift, the current average has risen by 13.76% from the previous average price target of $16.64.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Velocity Financial. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Stephen Laws
Raymond James
Raises
Outperform
$22.00
$20.00
Chris McGinnis
JMP Securities
Raises
Market Outperform
$19.00
$17.50
Stephen Laws
Raymond James
Raises
Outperform
$20.00
$17.50
Arren Cyganovich
Citigroup
Raises
Neutral
$18.00
$17.00
Sarah Barcomb
BTIG
Raises
Buy
$18.00
$17.00
Chris McGinnis
JMP Securities
Raises
Market Outperform
$17.50
$13.50
Donald Fandetti
Wells Fargo
Raises
Overweight
$18.00
$14.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update ...Full story available on Benzinga.com
Benzinga
