Short Term Price Target on CYS Investments (CYS)

CYS Investments (NYSE:CYS) : 6 Wall Street analysts covering CYS Investments (NYSE:CYS) believe that the average level the stock could reach for the short term is $7.96. The maximum price target given is $9 and the minimum target for short term is around $7, hence the standard deviation is calculated at $0.84.

Shares of CYS Investments, Inc. rose by 2.7% in the last five trading days and 4.32% for the last 4 weeks. CYS Investments, Inc. is up 5.47% in the last 3-month period. Year-to-Date the stock performance stands at 25%. Also, JMP Securities downgrades their rating on the shares of CYS Investments (NYSE:CYS). The current rating of the shares is Market Perform. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on April 22, 2016.

CYS Investments (NYSE:CYS) : 8 analysts are covering CYS Investments (NYSE:CYS) and their average rating on the stock is 2.5, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CYS Investments (NYSE:CYS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CYS Investments (NYSE:CYS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.28 and $8.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.37, notching a gain of 0.84% for the day. The total traded volume was 2,908,738 . The stock had closed at $8.30 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Tyson David A, director of Cys Investments, Inc., had unloaded 3,500 shares at an average price of $8.04 in a transaction dated on April 29, 2016. The total value of the transaction was worth $28,140.

CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans (primarily 10, 15, 20 or 30 years), and adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.

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