Regions Financial, Arlington Asset Investment and MetLife Receive New Share Price Targets
Wall St. Watchdog reveals information about companies for which stock analysts reiterated ratings in the Financial sector for the week ending October 28th, 2011
- Regions Fincl (NYSE:RF): FBR Capital reiterated its rating of Mkt Perform for this company and changed its price target from $6 to $5. About the company: Regions Financial Corporation is a regional multi-bank holding company. The Company provides mortgage banking, credit life insurance, leasing, commercial accounts receivable factoring, specialty mortgage financing, and securities brokerage services. Regions provides banking services throughout the South, Midwest, and Eastern United States.
- Arlington Asset Investment (NYSE:AI): Wunderlich reiterated its rating of Buy for this company and changed its price target from $37 to $30. About the company: Arlington Asset Investment Corp. is an investment company. The Company invests in mortgage-related assets and merchant banking opportunities. Arlington Asset’s investments include mortgage-backed securities (NYSE:MBS) and collaterized mortgage obligations (CMOs).
- MetLife (NYSE:MET): FBR Capital reiterated its rating of Outperform for this company and changed its price target from $43 to $50. About the company: MetLife, Inc. provides individual insurance, employee benefits and financial services with operations throughout the United States and the regions of Latin America, Europe, and Asia Pacific. The Company’s products include life insurance, annuities, automobile and homeowners insurance, retail banking and other financial services to individuals as well as group insurance.
(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)
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