Institutional Financial Markets (NYSEAMERICAN:COHN) Earns Outperform Rating from Analysts at Northland Securities

Northland Securities assumed coverage on shares of Institutional Financial Markets (NYSEAMERICAN:COHN) in a note issued to investors on Thursday. The brokerage set an “outperform” rating and a $20.00 price target on the financial services provider’s stock. Northland Securities’ price target indicates a potential upside of 52.67% from the company’s previous close.

Institutional Financial Markets Stock Up 1.2%

Shares of COHN opened at $13.10 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.29. The business has a fifty day moving average of $12.85 and a 200 day moving average of $16.41. The company has a market cap of $32.88 million, a PE ratio of 2.48 and a beta of 1.14. Institutional Financial Markets has a 52-week low of $9.19 and a 52-week high of $32.60.

Institutional Financial Markets (NYSEAMERICAN:COHN) last announced its earnings results on Monday, May 4th. The financial services provider reported $0.42 earnings per share for the quarter. The business had revenue of $56.04 million for the quarter. Institutional Financial Markets had a net margin of 5.12% and a return on equity of 44.53%.

Institutional Financial Markets Company Profile

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.