Keefe, Bruyette & Woods Starts Nationstar Mortgage (NSM) at Outperform; Leading Special Servicer

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April 17, 2012 8:22 AM EDT
Get Alerts NSM Hot Sheet
Price: $18.27 --0%

Rating Summary:
    6 Buy, 5 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Keefe, Bruyette & Woods initiates coverage on Nationstar Mortgage (NYSE: NSM) with an Outperform. PT $18.00.

Analyst, Jade J. Rahmani, said, "Nationstar Mortgage Holdings is a high-touch mortgage servicer and one of the largest non-bank residential servicers in the country. Nationstar has demonstrated significant growth in recent years and the company recently announced the acquisition of $63 billion in servicing assets from Aurora Bank (expected to close in 2Q12)."

For an analyst ratings summary and ratings history on Nationstar Mortgage click here. For more ratings news on Nationstar Mortgage click here.

Shares of Nationstar Mortgage closed at $14.20 yesterday.

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