Sunlight Financial Holdings Inc. (NYSE:SUNL) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Daylight Fiscal Holdings Inc. (NYSE:SUNL – Get Ranking) have been assigned an normal suggestion of “Maintain” from the six study corporations that are presently covering the stock, Marketbeat Scores studies. One particular equities investigate analyst has rated the inventory with a promote recommendation, two have assigned a maintain advice and two have issued a acquire suggestion on the firm. The typical 1-12 months goal value amongst brokers that have up to date their protection on the stock in the final yr is $3.06.
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A number of brokerages have weighed in on SUNL. Credit history Suisse Group downgraded Sunlight Economical from an “outperform” rating to a “neutral” ranking and cut their price tag target for the stock from $4.00 to $1.60 in a study report on Friday, January 13th. Cowen lowered their goal price on shares of Sunlight Money to $3.25 in a research be aware on Thursday, November 17th.
Sunlight Economic Inventory Performance
Shares of SUNL opened at $1.37 on Friday. The business’s 50-day going average is $1.37 and its two-hundred working day transferring common is $1.83. The enterprise has a market capitalization of $177.17 million, a P/E ratio of -.31 and a beta of 2.75. Sunlight Economical has a fifty-two week reduced of $.96 and a fifty-two 7 days higher of $5.70.
Institutional Traders Weigh In On Sunlight Fiscal
Numerous hedge funds have not too long ago modified their holdings of the corporation. American Intercontinental Group Inc. ordered a new position in Daylight Economical in the 2nd quarter valued at about $34,000. Prudential Economic Inc. bought a new position in Sunlight Monetary in the 2nd quarter valued at about $37,000. Virtu Monetary LLC acquired a new posture in Sunlight Monetary in the 2nd quarter valued at about $41,000. Ergoteles LLC procured a new situation in Sunlight Economic in the 1st quarter valued at about $54,000. Finally, Verition Fund Administration LLC bought a new situation in Sunlight Money in the 1st quarter valued at about $56,000. 29.60% of the stock is owned by hedge funds and other institutional buyers.
Daylight Fiscal Organization Profile
Sunlight Money Holdings Inc operates a business enterprise-to-organization-to-customer technological innovation-enabled point-of-sale funding system in the United States. Its platform is made use of to supply secured and unsecured loans for homeowners originated by 3rd-celebration loan providers to buy and install residential solar energy techniques, and other residence advancements.
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