MBIA (MBI) Receives Price Target

MBIA (MBI) : The highest short term price target forecast on MBIA (MBI) is $12 and the lowest target price is $9. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $10.25 with a standard deviation of $2.47.

MBIA

Also, In a research note released to the investors, MKM Partners maintains its rating on MBIA (NYSE:MBI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, MKM Partners maintains the price target of $12 per share. The rating by the firm was issued on June 16, 2016.

MBIA (NYSE:MBI): The stock opened at $8.10 on Thursday but the bulls could not build on the opening and the stock topped out at $8.16 for the day. The stock traded down to $7.92 during the day, due to lack of any buying support eventually closed down at $7.98 with a loss of -0.99% for the day. The stock had closed at $8.06 on the previous day. The total traded volume was 1,210,936 shares.

MBIA Inc. (MBIA) is a holding company. Through its subsidiary, the Company provides financial guarantee insurance to the United States public finance markets. The Companys indirect, wholly owned subsidiary is National Public Finance Guarantee Corporation (National). The Companys operating segments includes United States (U.S.) public finance insurance; international and structured finance insurance; corporate and advisory services. The U.S. public finance insurance business is operated through National Public Finance Guarantee Corporation and its subsidiaries (National). The international and structured finance insurance business is operated through MBIA Insurance Corporation and its subsidiaries (MBIA Corp.). The asset management and advisory services business is operated through Cutwater Holdings, LLC and its subsidiaries (Cutwater). Nationals guarantees insure municipal bonds, including tax-exempt and taxable indebtedness of the United States political subdivisions.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.