FBR Capital Starts Imperial Holdings (IFT) at Outperform; IPO Enhances Business Model, Improves Profitability

March 21, 2011 7:11 AM EDT
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Price: $5.57 --0%

Rating Summary:
    2 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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FBR Capital initiates coverage on Imperial Holdings (NYSE: IFT) with an Outperform. PT $15.

FBR analyst says, "With the equity capital raised through its February 10, 2011 IPO, the company gains the ability to increase origination volumes materially for premium finance loans and structured settlements, as well as the ability to retain portfolio life settlement investments for its balance sheet, thus producing attractive returns with uncorrelated assets."

For more ratings news on Imperial Holdings click here and for the rating history of Imperial Holdings click here.

Shares of Imperial Holdings closed at $10.35 yesterday.


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