Analysts’ Opinions Are Mixed on These Financial Stocks: Blue Owl Capital (OBDC), Merchants Bancorp (MBIN) and Principal Financial (PFG)

Analysts have been eager to weigh in on the Financial sector with new ratings on Blue Owl Capital (OBDC – Research Report), Merchants Bancorp (MBIN – Research Report) and Principal Financial (PFG – Research Report).

Blue Owl Capital (OBDC)

RBC Capital analyst Kenneth Lee maintained a Buy rating on Blue Owl Capital yesterday and set a price target of $17.00. The company’s shares closed last Thursday at $16.38, close to its 52-week high of $16.61.

According to TipRanks.com, Lee is a top 100 analyst with an average return of 17.3% and a 70.3% success rate. Lee covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Blackstone Secured Lending Fund, and Sixth Street Specialty Lending.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blue Owl Capital with a $16.50 average price target, a 0.1% upside from current levels. In a report issued on May 9, Bank of America Securities also maintained a Buy rating on the stock with a $16.50 price target.

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Merchants Bancorp (MBIN)

Piper Sandler analyst Nathan Race maintained a Buy rating on Merchants Bancorp today and set a price target of $56.00. The company’s shares closed last Thursday at $42.84.

According to TipRanks.com, Race is a 4-star analyst with an average return of 8.0% and a 53.6% success rate. Race covers the Financial sector, focusing on stocks such as First Savings Financial Group, First Mid-Illinois Bancshares, and Midwestone Financial Group.

Currently, the analyst consensus on Merchants Bancorp is a Moderate Buy with an average price target of $56.00.

Principal Financial (PFG)

Piper Sandler analyst John Barnidge maintained a Hold rating on Principal Financial today and set a price target of $85.00. The company’s shares closed last Thursday at $84.28, close to its 52-week high of $86.79.

According to TipRanks.com, Barnidge is a 5-star analyst with an average return of 10.3% and a 61.9% success rate. Barnidge covers the Financial sector, focusing on stocks such as Corebridge Financial, Inc., F&G Annuities & Life Inc, and Brighthouse Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for Principal Financial with a $84.13 average price target.

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Read More on OBDC:

• Blue Owl Capital downgraded to Market Perform from Outperform at Keefe Bruyette
• Blue Owl Capital price target raised to $18 from $16 at Truist
• Blue Owl Capital reports Q1 NII 47c, consensus 48c
• Blue Owl Capital Corporation Reports First Quarter Net Investment Income Per Share of $0.47 and NAV Per Share of $15.47