On Oct 31, major Wall Street analysts update their ratings for $OneMain (OMF.US)$, with price targets ranging from $52 to $63.
BofA Securities analyst Mihir Bhatia maintains with a buy rating, and sets the target price at $54.
Wells Fargo analyst Michael Kaye maintains with a hold rating, and adjusts the target price from $49 to $52.
TD Cowen analyst Moshe Orenbuch maintains with a buy rating, and maintains the target price at $62.
RBC Capital analyst Kenneth Lee maintains with a buy rating, and adjusts the target price from $58 to $62.
Compass Point analyst Giuliano Bologna maintains with a buy rating, and adjusts the target price from $60 to $63.
Furthermore, according to the comprehensive report, the opinions of $OneMain (OMF.US)$'s main analysts recently are as follows:
The company's third-quarter earnings exceeded expectations, with notable highlights including robust credit performance, originations surpassing forecasts, and a sequential increase in revenue yields.
It has been observed that shares experienced a rally following the earnings report, attributed to delinquency improvements surpassing expectations. A neutral stance is being maintained with a desire to witness sustained credit advancements, including clarity on the normalized net charge-off range of 6%-7%.
Here are the latest investment ratings and price targets for $OneMain (OMF.US)$ from 7 analysts:
Note:
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