Roth Capital Starts GWG Holdings (GWGH) at Buy

Roth Capital initiates coverage on GWG Holdings (NASDAQ: GWGH) with a Buy rating and a price target of $10.00.

Analyst William Gibson commented, "In our opinion, GWG Holdings is positioned to become the leader and low-cost competitor in the largely untapped market for life insurance settlements. We believe the backdrop is particularly constructive with aging baby boomers tapping this resource. Through 3Q15, GWG has paid seniors over $305 million for their life insurance policies, a figure that is roughly $286 million more than the insurance carrier's surrender value."

For an analyst ratings summary and ratings history on GWG Holdings click here. For more ratings news on GWG Holdings click here.

Shares of GWG Holdings closed at $6.40 yesterday.

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