ValuEngine upgraded shares of GWG Holdings, Inc (NASDAQ:GWGH) from a buy rating to a strong-buy rating in a research note released on Thursday.

Several other research analysts have also recently issued reports on GWGH. Roth Capital set a $15.00 target price on GWG Holdings and gave the stock a buy rating in a research report on Monday, August 14th. Zacks Investment Research raised GWG Holdings from a sell rating to a hold rating in a research report on Wednesday, July 12th.

Shares of GWG Holdings (NASDAQ GWGH) remained flat at $10.29 during trading on Thursday. The stock had a trading volume of 4,543 shares. GWG Holdings has a 52 week low of $7.32 and a 52 week high of $11.25. The stock’s market capitalization is $59.51 million. The company’s 50-day moving average price is $10.26 and its 200 day moving average price is $10.35.

COPYRIGHT VIOLATION NOTICE: “GWG Holdings, Inc (GWGH) Upgraded by ValuEngine to Strong-Buy” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://www.watchlistnews.com/gwg-holdings-inc-gwgh-upgraded-by-valuengine-to-strong-buy/1613654.html.

An institutional investor recently bought a new position in GWG Holdings stock. Concert Wealth Management Inc. acquired a new stake in shares of GWG Holdings, Inc (NASDAQ:GWGH) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 1,224,000 shares of the financial services provider’s stock, valued at approximately $1,224,000. GWG Holdings makes up about 1.2% of Concert Wealth Management Inc.’s holdings, making the stock its 20th largest position. Concert Wealth Management Inc. owned 21.18% of GWG Holdings at the end of the most recent reporting period. 42.46% of the stock is currently owned by institutional investors.

GWG Holdings Company Profile

GWG Holdings, Inc is the parent company of GWG Life, is a financial services company. The Company is focused on transforming the life insurance industry through its products and services. The Company has developed a new suite of options for the life insurance secondary market called LifeCare Xchange (LCX).

Receive News & Ratings for GWG Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GWG Holdings Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.