GWG Holdings, Inc (NASDAQ:GWGH) PT Set at $15.00 by Roth Capital
GWG Holdings, Inc (NASDAQ:GWGH) received a $15.00 price target from stock analysts at Roth Capital in a research report issued on Monday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Roth Capital’s target price indicates a potential upside of 40.19% from the company’s current price.
Several other brokerages also recently commented on GWGH. Zacks Investment Research raised shares of GWG Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Maxim Group reaffirmed a “buy” rating and set a $14.00 price objective on shares of GWG Holdings in a research report on Monday, May 15th.
Shares of GWG Holdings (NASDAQ GWGH) traded up 0.94% during mid-day trading on Monday, hitting $10.70. 312 shares of the stock were exchanged. The stock’s market capitalization is $61.88 million. The stock’s 50 day moving average price is $10.53 and its 200-day moving average price is $10.00. GWG Holdings has a 12-month low of $6.85 and a 12-month high of $11.56.
An institutional investor recently bought a new position in GWG Holdings stock. Institute for Wealth Management LLC. purchased a new stake in shares of GWG Holdings, Inc (NASDAQ:GWGH) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,224,000 shares of the financial services provider’s stock, valued at approximately $1,224,000. Institute for Wealth Management LLC. owned approximately 21.17% of GWG Holdings at the end of the most recent reporting period. 0.18% of the stock is owned by hedge funds and other institutional investors.
GWG Holdings Company Profile
GWG Holdings, Inc is a financial service company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies.
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