Credit Suisse Reinstates Fortress Investment Group (FIG) at Neutral
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Price: $27.41 +2.31%
Rating Summary:
6 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
Rating Summary:
6 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
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Credit Suisse reinstates coverage on Fortress Investment Group (NYSE: FIG) with a Neutral rating and a price target of $6.00.
" Our 12-month TP of $6 attributes $1.50 in value for FIG's balance sheet and $4.50 in value (6-7x 2017 FCF) for its asset management businesses," analyst C. Siegenthaler said.
For an analyst ratings summary and ratings history on Fortress Investment Group click here. For more ratings news on Fortress Investment Group click here.
Shares of Fortress Investment Group closed at $5.10 yesterday.
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