Information Provided By: 
Fly News Breaks for September 27, 2019
EFC
Sep 27, 2019 | 08:08 EDT
Nomura Instinet analyst Matthew Howlett initiated Ellington Financial with a Buy rating and $20 price target, citing his view that the company's recent conversion to a REIT, combined with its diversified business model, should be rewarded with a premium multiple to book value, in line with its core Mortgage REIT peers. He also sees Ellington being positioned to raise its dividend, telling investors that the company entered the second half of the year with "one of the strongest core earnings ramps in the space."
News For EFC From the Last 2 Days
There are no results for your query EFC
