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Analysts Offer Insights on Financial Companies: Redwood (RWT) and Skyward Specialty Insurance Group, Inc. (SKWD)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Redwood (RWTResearch Report) and Skyward Specialty Insurance Group, Inc. (SKWDResearch Report) with bullish sentiments.

Redwood (RWT)

JMP Securities analyst Steven Delaney reiterated a Buy rating on Redwood today and set a price target of $9.50. The company’s shares closed last Monday at $8.31.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 10.6% and a 60.8% success rate. Delaney covers the Financial sector, focusing on stocks such as Claros Mortgage Trust, Inc., Franklin BSP Realty Trust, and Broadmark Realty Capital.

Redwood has an analyst consensus of Moderate Buy, with a price target consensus of $8.75, implying a 2.9% upside from current levels. In a report issued on January 30, J.P. Morgan also maintained a Buy rating on the stock with a $8.00 price target.

See the top stocks recommended by analysts >>

Skyward Specialty Insurance Group, Inc. (SKWD)

Skyward Specialty Insurance Group, Inc. received a Buy rating and a $25.00 price target from JMP Securities analyst Matthew Carletti today. The company’s shares closed last Monday at $19.25.

According to TipRanks.com, Carletti is a 3-star analyst with an average return of 1.5% and a 57.3% success rate. Carletti covers the Financial sector, focusing on stocks such as Heritage Insurance Holdings, Old Republic International, and Renaissancere Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Skyward Specialty Insurance Group, Inc. with a $25.00 average price target.

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