Wall Street is positive on PennyMac Mortgage Investment Trust (PMT). On average, analysts give PMT a Buy rating. The average price target is $13.928, which means analysts expect the stock to rise by 1.74% over the next twelve months.
That average ranking earns PMT an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating PMT a Buy today. Find out what this means to you and get the rest of the rankings on PMT!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With PennyMac Mortgage Investment Trust Stock Today?
PennyMac Mortgage Investment Trust (PMT) stock is trading at $13.69 as of 1:26 PM on Friday, Nov 3, a rise of $0.30, or 2.24% from the previous closing price of $13.39. The stock has traded between $13.12 and $13.83 so far today. Volume today is below average. So far 356,332 shares have traded compared to average volume of 722,013 shares.
Click Here to get the full Stock Report for PennyMac Mortgage Investment Trust stock.
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