Analyst Rating Update on CYS Investments (CYS)

CYS Investments (CYS) : The consensus on CYS Investments (CYS) based on 8 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on CYS Investments (CYS).

CYS Investments (CYS) : The consensus price target for CYS Investments (CYS) is $8.38 for the short term with a standard deviation of $0.77. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $10, however, the pessimist price target for the company is $8.

Company shares have received an average consensus rating of Hold for the current week


CYS Investments (NYSE:CYS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.00 and $8.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.06, notching a gain of 0.78% for the day. The total traded volume was 861,328 . The stock had closed at $8.99 on the previous day.

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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