Redwood Trust – Consensus Indicates Potential 64.6% Upside
Redwood Trust with ticker code (RWT) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 13.5 and 8.5 calculating the mean target price we have 10.75. Given that the stocks previous close was at 6.53 this would imply there is a potential upside of 64.6%. The 50 day MA is 7.89 and the 200 moving average now moves to 9.83. The market capitalisation for the company is $760m. You can visit the company''s website by visiting: https:||www.redwoodtrust.com [stock_market_widget type="chart" template="basic" color="green" assets="RWT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,251m based on the market concensus. Redwood Trust, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio.
Redwood Trust – Consensus Indicates Potential 64.6% Upside
Redwood Trust with ticker code (RWT) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 13.5 and 8.5 calculating the mean target price we have 10.75. Given that the stocks previous close was at 6.53 this would imply there is a potential upside of 64.6%. The 50 day MA is 7.89 and the 200 moving average now moves to 9.83. The market capitalisation for the company is $760m. You can visit the company''s website by visiting: https:||www.redwoodtrust.com [stock_market_widget type="chart" template="basic" color="green" assets="RWT" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,251m based on the market concensus. Redwood Trust, together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio.