BofI Holding (BOFI) Receives Analyst Rating

BofI Holding (BOFI) : Zacks Investment Research ranks BofI Holding (BOFI) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 6 research analysts is 1.17, which indicates as a Strong Buy.

BofI Holding (BOFI) : The highest level BofI Holding (BOFI) is projected to reach is $35 for the short term and the lowest estimate is at $32. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $32.9 and the possibility the share price can swing is $1.25.


BofI Holding (NASDAQ:BOFI): After opening at $21.66, the stock dipped to an intraday low of $21.505 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $22.24 and the buying power remained strong till the end. The stock closed at $22.21 for the day, a gain of 2.63% for the day session. The total traded volume was 563,163. The stocks close on the previous trading day was $21.64.

BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, distribution channels and affinity partners. The Bank has deposit and loan customers across the nation, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. The Bank distributes its loan products through its retail, correspondent and wholesale channels, and the loans the Bank retains are primarily first mortgages secured by single family real property and by multifamily real property.

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