Nationstar Mortgage Holdings (NSM) Receives Analyst Rating

Nationstar Mortgage Holdings (NSM) : 1 brokerage houses believe that Nationstar Mortgage Holdings (NSM) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Nationstar Mortgage Holdings (NSM). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

Nationstar Mortgage Holdings (NSM) stock is expected to deviate a maximum of $2.61 from the average target price of $14.2 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $10.


Also, PiperJaffray initiates coverage on Nationstar Mortgage Holdings (NYSE:NSM) . The global brokerage major announces a current price target of $15.5 per share. Analysts at the PiperJaffray have a current rating of Neutral on the shares. The rating by the firm was issued on September 9, 2016.

Nationstar Mortgage Holdings (NYSE:NSM): After opening at $15.36, the stock dipped to an intraday low of $15.345 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.71 and the buying power remained strong till the end. The stock closed at $15.58 for the day, a gain of 1.63% for the day session. The total traded volume was 596,378. The stocks close on the previous trading day was $15.33.

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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