6 analysts have expressed a variety of opinions on Velocity Financial (NYSE:VEL) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
4
1
0
0
Last 30D
0
1
0
0
0
1M Ago
0
0
0
0
0
2M Ago
1
3
1
0
0
3M Ago
0
0
0
0
0
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.42, a high estimate of $20.00, and a low estimate of $17.50. This upward trend is evident, with the current average reflecting a 14.55% increase from the previous average price target of $16.08.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Velocity Financial is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
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: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' ...Full story available on Benzinga.com
Related tickers: VEL.
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