Analysts Offer Insights on Financial Companies: Credit Acceptance (CACC), Redwood (RWT) and Orion Office REIT (ONL)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Credit Acceptance (CACC – Research Report), Redwood (RWT – Research Report) and Orion Office REIT (ONL – Research Report).

Credit Acceptance (CACC)

In a report released today, Vincent Caintic from Stephens reiterated a Hold rating on Credit Acceptance, with a price target of $442.00. The company’s shares closed last Thursday at $441.93.

According to TipRanks.com, Caintic is a 3-star analyst with an average return of 2.7% and a 47.9% success rate. Caintic covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Enova International.

Credit Acceptance has an analyst consensus of Hold, with a price target consensus of $411.00.

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Redwood (RWT)

In a report released today, Douglas Harter from Credit Suisse reiterated a Buy rating on Redwood, with a price target of $9.00. The company’s shares closed last Thursday at $7.43.

According to TipRanks.com, Harter is a 5-star analyst with an average return of 17.5% and a 64.4% success rate. Harter covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, ARMOUR Residential REIT, and Cushman & Wakefield.

Redwood has an analyst consensus of Moderate Buy, with a price target consensus of $8.92, which is a 18.0% upside from current levels. In a report issued on March 5, Raymond James also maintained a Buy rating on the stock with a $10.00 price target.

Orion Office REIT (ONL)

EF Hutton analyst Gaurav Mehta maintained a Buy rating on Orion Office REIT today and set a price target of $10.00. The company’s shares closed last Thursday at $7.55.

According to TipRanks.com, Mehta is a 3-star analyst with an average return of 2.1% and a 49.2% success rate. Mehta covers the Financial sector, focusing on stocks such as Alpine Income Property Trust Inc, Gladstone Commercial, and CTO Realty Growth.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Orion Office REIT with a $10.00 average price target.

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Read More on CACC:

• Credit Acceptance Named a 2023 Top Workplaces USA Award Winner
• Credit Acceptance price target raised to $380 from $360 at BMO Capital
• Credit Acceptance Announces Fourth Quarter and Full Year 2022 Results
• Credit Acceptance reports Q4 EPS $11.74, consensus $7.16
• Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Webcast