Ellington Financial (EFC) Rating Increased to Buy at ValuEngine
Ellington Financial (NYSE:EFC) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.
Other research analysts have also recently issued reports about the company. B. Riley reiterated a “buy” rating and issued a $16.00 price target (down from $17.50) on shares of Ellington Financial in a research note on Wednesday, November 1st. BidaskClub upgraded Ellington Financial from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Maxim Group reiterated a “buy” rating and issued a $20.00 price target on shares of Ellington Financial in a research note on Monday, October 9th. Zacks Investment Research downgraded Ellington Financial from a “hold” rating to a “strong sell” rating in a report on Thursday, November 9th. Finally, Deutsche Bank decreased their price objective on Ellington Financial from $18.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $17.50.
Ellington Financial (EFC) opened at $14.97 on Friday. Ellington Financial has a 12 month low of $14.76 and a 12 month high of $17.00. The company has a market capitalization of $477.63, a price-to-earnings ratio of 13.47 and a beta of 0.41. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 1.91.
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Ellington Financial Company Profile
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