Flagstar Financial (NYSE:FLG) Given New $12.00 Price Target at Compass Point

Flagstar Financial (NYSE:FLG) had its target price lifted by research analysts at Compass Point from $11.50 to $12.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Compass Point’s price target indicates a potential upside of 6.95% from the stock’s previous close.

Flagstar Financial Trading Up 0.6 %

Shares of NYSE FLG traded up $0.07 during mid-day trading on Tuesday, reaching $11.22. 330,811 shares of the company’s stock were exchanged, compared to its average volume of 8,004,109. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of -2.57 and a beta of 1.05. Flagstar Financial has a 52 week low of $5.10 and a 52 week high of $34.47. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.14 and a quick ratio of 1.12.

About Flagstar Financial

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.