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RBC Capital Sticks to Its Hold Rating for MFA Financial (MFA)
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RBC Capital Sticks to Its Hold Rating for MFA Financial (MFA)

RBC Capital analyst Kenneth Lee maintained a Hold rating on MFA Financial (MFAResearch Report) on November 9 and set a price target of $11.00. The company’s shares closed yesterday at $9.75.

According to TipRanks, Lee is a 5-star analyst with an average return of 13.3% and a 61.54% success rate. Lee covers the Financial sector, focusing on stocks such as Federated Hermes, Cannae Holdings, and MFA Financial.

MFA Financial has an analyst consensus of Moderate Buy, with a price target consensus of $11.69.

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The company has a one-year high of $11.43 and a one-year low of $7.79. Currently, MFA Financial has an average volume of 962.3K.

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MFA Financial (MFA) Company Description:

MFA Financial, Inc. operates as a real estate investment trust, which engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, non-agency mortgage-backed securities, and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY.

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