Equities research analysts at Barclays assumed coverage on shares of UWM Holdings Co. Class (NYSE:UWMC) in a report released on Wednesday, Briefing.com reports. The brokerage set an “overweight” rating and a $10.00 price target on the stock. Barclays‘s price target suggests a potential upside of 38.31% from the company’s current price.
A number of other research analysts have also commented on UWMC. Deutsche Bank Aktiengesellschaft started coverage on UWM Holdings Co. Class in a report on Tuesday, February 16th. They set a “buy” rating and a $12.00 price objective on the stock. Credit Suisse Group started coverage on UWM Holdings Co. Class in a report on Monday, March 1st. They set an “outperform” rating and a $10.50 price objective on the stock. The Goldman Sachs Group started coverage on UWM Holdings Co. Class in a report on Wednesday, February 17th. They set a “neutral” rating and a $10.50 price objective on the stock. Finally, Zacks Investment Research lowered UWM Holdings Co. Class from a “buy” rating to a “hold” rating in a report on Saturday, February 20th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. UWM Holdings Co. Class currently has an average rating of “Buy” and a consensus target price of $10.60.
Shares of UWMC stock opened at $7.23 on Wednesday. UWM Holdings Co. Class has a fifty-two week low of $7.18 and a fifty-two week high of $14.38. The business has a 50-day moving average price of $8.17.
UWM Holdings Co. Class Company Profile
UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans in 50 states and the District of Columbia. The company was founded in 1986 and is headquartered in Pontiac, Michigan.
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