Emergent Capital Inc. (NYSE:EMG)‘s stock had its “buy” rating restated by equities researchers at FBR & Co in a research note issued on Tuesday. They presently have a $4.00 price target on the stock. FBR & Co’s target price suggests a potential upside of 55.04% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. TheStreet cut Emergent Capital from a “hold” rating to a “sell” rating in a report on Monday, August 22nd. Zacks Investment Research cut Emergent Capital from a “hold” rating to a “sell” rating in a report on Monday, August 8th.

Emergent Capital (NYSE:EMG) opened at 2.58 on Tuesday. The firm’s 50-day moving average price is $2.81 and its 200-day moving average price is $3.49. Emergent Capital has a one year low of $2.51 and a one year high of $4.59.

Emergent Capital (NYSE:EMG) last posted its quarterly earnings results on Monday, November 7th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.14. Emergent Capital had a negative return on equity of 12.57% and a negative net margin of 80.76%. Analysts forecast that Emergent Capital will post ($0.95) earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the company. Keane Capital Partners LLC purchased a new position in shares of Emergent Capital during the first quarter worth about $1,305,000. Vanguard Group Inc. boosted its position in shares of Emergent Capital by 2.4% in the second quarter. Vanguard Group Inc. now owns 824,908 shares of the company’s stock worth $2,772,000 after buying an additional 19,110 shares during the last quarter. K2 Principal Fund L.P. purchased a new position in shares of Emergent Capital during the second quarter worth about $1,142,000. TIG Advisors LLC purchased a new position in shares of Emergent Capital during the second quarter worth about $1,170,000. Finally, Context Capital Management LLC purchased a new position in shares of Emergent Capital during the second quarter worth about $469,000. 54.21% of the stock is owned by institutional investors and hedge funds.

About Emergent Capital

Emergent Capital, Inc, formerly Imperial Holdings, Inc, is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data.

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