Brokerage Firm Rating Update on CoreLogic (CLGX)

CoreLogic (CLGX) : Zacks Investment Research ranks CoreLogic (CLGX) as 2, which is a Buy recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.67, which indicates as a Buy.

CoreLogic (CLGX) : The most positive equity analysts on CoreLogic (CLGX) expects the shares to touch $50, whereas, the least positive believes that the stock will trade at $41 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $45.5 with an expected fluctuation of $2.9 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of CoreLogic (NYSE:CLGX). Barclays has a Overweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $50 per share from a prior target of $46. The rating by the firm was issued on August 18, 2016.

CoreLogic (NYSE:CLGX): The stock opened at $41.41 and touched an intraday high of $41.7 on Wednesday. During the day, the stock corrected to an intraday low of $41.38, however, the bulls stepped in and pushed the price higher to close in the green at $41.7 with a gain of 0.58% for the day. The total traded volume for the day was 325,532. The stock had closed at $41.46 in the previous trading session.

CoreLogic, Inc. is a property information, analytics and data-enabled services provider operating in North America, Western Europe and Asia Pacific. The Company provides detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. It operates through two segments: Data & Analytics and Technology and Processing Solutions. The Data & Analytics segment owns or licenses data assets, including loan information, criminal and eviction records, employment verification, property sales and characteristic information, property risk and replacement cost and information on mortgage-backed securities. The Technology and Processing Solutions segment provides property tax monitoring, flood zone certification and monitoring, credit services, mortgage loan administration and production services, lending solutions, mortgage-related business process outsourcing, technology solutions and compliance-related services

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