Keefe, Bruyette & Woods Increases Onity Group (NYSE:ONIT) Price Target to $45.00

Onity Group (NYSE:ONIT) had its price target lifted by stock analysts at Keefe, Bruyette & Woods from $40.00 to $45.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 47.83% from the company’s current price.

Separately, B. Riley raised shares of Onity Group to a “strong-buy” rating in a research note on Tuesday, August 13th.

Onity Group Stock Performance

Shares of NYSE ONIT opened at $30.44 on Tuesday. The firm’s fifty day moving average is $29.89. The company has a debt-to-equity ratio of 20.28, a quick ratio of 24.04 and a current ratio of 26.46. Onity Group has a 52-week low of $22.40 and a 52-week high of $36.91. The company has a market capitalization of $239.56 million, a PE ratio of 20.16 and a beta of 1.85.

Onity Group Company Profile

Onity Group Inc, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans.