Recent

% | $
Quotes you view appear here for quick access.

Annaly Capital Management, Inc. Message Board

  • rs_713 rs_713 Nov 6, 2012 7:11 PM Flag

    NLY ratings continue to target $16 - $17. Time to buy not panic...

    Annaly Capital Management (NLY), a big name in the sector that also reported third-quarter earnings yesterday, is down 67 cents, or 4.22%, to $15.21. Credit Suisse is out with a report maintaining its neutral rating on NLY but cutting its target price to $16 from $17, which represents a 2% discount to book value reflecting CS’s 9% 2013 ROE expectation for NLY. “While Annaly is trading at a discount to book value we see better total return prospects in our Outperform rated names,” CS writes, noting that Annaly currently trades at a 4% discount to third-quarter book value and yields 12.6% on the current dividend.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
NLY
9.77-0.06(-0.61%)Feb 9 4:05 PMEST