Two Harbors Investment Corp. (NYSE:TWO) had its price objective trimmed by Barclays Capital from $13.00 to $11.00 in a research report released on Friday morning, AnalystRatingsNetwork reports.
A number of other analysts have also recently weighed in on TWO. Analysts at Deutsche Bank reiterated a buy rating on shares of Two Harbors Investment Corp. in a research note to investors on Thursday, August 8th. They now have a $12.00 price target on the stock, up previously from $11.50. Separately, analysts at Compass Point reiterated a buy rating on shares of Two Harbors Investment Corp. in a research note to investors on Wednesday, August 7th. They now have a $13.25 price target on the stock.
One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Two Harbors Investment Corp. currently has a consensus rating of Buy and an average target price of $12.19.
Two Harbors Investment Corp. (NYSE:TWO) traded down 1.02% on Friday, hitting $9.71. Two Harbors Investment Corp. has a 52-week low of $9.1713 and a 52-week high of $13.054. The stock’s 50-day moving average is currently $10.07. The company has a market cap of $3.551 billion and a price-to-earnings ratio of 4.08.
Two Harbors Investment Corp. (NYSE:TWO) operates as a real estate investment trust (REIT).
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