Jefferies Starts CIT Group (CIT) at Hold
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Price: $53.50 --0%
Rating Summary:
12 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on CIT Group (NYSE: CIT) with a Hold. PT $34.00.
The firm comments, "Although CIT has made significant headway in its turnaround efforts, the uncertain timeline for the return and/or deployment of excess capital, and thus competitive equity returns, leaves us on the sidelines."
For an analyst ratings summary and ratings history on CIT Group click here. For more ratings news on CIT Group click here.
Shares of CIT Group closed at $30.90 yesterday.
The firm comments, "Although CIT has made significant headway in its turnaround efforts, the uncertain timeline for the return and/or deployment of excess capital, and thus competitive equity returns, leaves us on the sidelines."
For an analyst ratings summary and ratings history on CIT Group click here. For more ratings news on CIT Group click here.
Shares of CIT Group closed at $30.90 yesterday.
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