Nationstar Mortgage Holdings (NSM) : Analyst Rating Update

Nationstar Mortgage Holdings (NSM) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 6 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Nationstar Mortgage Holdings (NSM) : The highest level Nationstar Mortgage Holdings (NSM) is projected to reach is $19 for the short term and the lowest estimate is at $10. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $14 and the possibility the share price can swing is $3.81.

Nationstar Mortgage Holdings (NYSE:NSM): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.50 and $10.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.78, notching a gain of 0.56% for the day. The total traded volume was 959,808 . The stock had closed at $10.72 on the previous day.

The company shares have dropped -36.42% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $19.74 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $11.99 and the 200 Day Moving Average price is recorded at $11.26.

Nationstar Mortgage Holdings Inc. (Nationstar) is a real estate services company engaged in delivery of servicing, origination and transaction-based services to single-family residences throughout the United States. Its segments are: Servicing, Originations and Solutionstar. The Company provides residential mortgage servicers in the United States conducting operations through its Nationstar Mortgage and Champion Mortgage brands. Solutionstar is the Companys technology and services segment, which provides technology and data solutions to homebuyers, home sellers, real estate agents and companies that engage in the origination and servicing of loans. It caters to homeowners, homebuyers and home sellers.

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