PennyMac Mortgage (PMT) Receives a Hold from Barclays

In a report issued on January 7, Mark Devries from Barclays maintained a Hold rating on PennyMac Mortgage (PMT – Research Report), with a price target of $18.00. The company's shares closed last Tuesday at $18.23. According to TipRanks.com, Devries is a 5-star analyst with an average return of 17.0% and a 64.7% success rate. Devries covers the Financial sector, focusing on stocks such as Discover Financial Services, Fidelity National Financial, and First American Financial. PennyMac Mortgage has an analyst consensus of Moderate Buy, with a price target consensus of $20.11.