Barclays Maintains Corelogic Inc to Overweight with Price Target $50.00

Brokerage firm Barclays Maintains its rating on Corelogic Inc(NYSE:CLGX). In a research note issued to the investors, the brokerage major Raises the price-target to $50.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Aug 18, 2016.

In a different note, On Jul 27, 2016, Keefe Bruyette & Woods said it Maintains its rating on Corelogic Inc. In the research note, the firm Raises the price-target to $41.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Jul 27, 2016, Baird said it Downgrades its rating on Corelogic Inc. The shares have been rated ‘Neutral’ by the firm. On Jul 7, 2016, Barclays said it Maintains its rating on Corelogic Inc. In the research note, the firm Raises the price-target to $44.00 per share. The shares have been rated ‘Overweight’ by the firm.

Corelogic Inc (CLGX) shares turned negative on Mondays trading session with the shares closing down -0.07 points or -0.17% at a volume of 4,24,531. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $41.11. The peak price level was also seen at $41.11 while the days lowest was $40.7. Finally the shares closed at $40.75. The 52-week high of the shares is $43.43 while the 52-week low is $30.73. According to the latest information available, the market cap of the company is $3,598 M.

Corelogic Inc(CLGX) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $500.20M. Analysts had an estimated revenue of $485.55M. Earnings per share were $0.65. Analysts had estimated an EPS of $0.62.

Several Insider Transactions has been reported to the SEC. On Aug 17, 2016, Barry M Sando (Sr. EVP) sold 1,113 shares at $39.50 per share price.Also, On Aug 3, 2016, Mary Lee Widener (director) sold 3,000 shares at $40.13 per share price.On Aug 1, 2016, Stergios Theologides (SVP, GC and Secretary) sold 4,000 shares at $38.74 per share price, according to the Form-4 filing with the securities and exchange commission.

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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