TheStreet downgraded shares of Walker & Dunlop (NYSE:WD) to a hold rating in a report issued on Monday, AnalystRatingsNetwork reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at JMP Securities cut their price target on shares of Walker & Dunlop from $24.00 to $21.00 in a research note to investors on Friday, August 9th. They now have a market outperform rating on the stock. Separately, analysts at Compass Point cut their price target on shares of Walker & Dunlop from $23.00 to $20.00 in a research note to investors on Friday, August 9th. They now have a buy rating on the stock. Finally, analysts at Sterne Agee reiterated a neutral rating on shares of Walker & Dunlop in a research note to investors on Monday, June 17th. They now have a $20.00 price target on the stock.
One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $19.02.
Shares of Walker & Dunlop (NYSE:WD) traded down 0.60% during mid-day trading on Monday, hitting $14.79. Walker & Dunlop has a 52 week low of $11.94 and a 52 week high of $21.76. The stock’s 50-day moving average is currently $17.97. The company has a market cap of $499.8 million and a P/E ratio of 11.62.
In other Walker & Dunlop news, CEO William Walker acquired 10,000 shares of the stock on the open market in a transaction dated Monday, August 12th. The stock was purchased at an average cost of $14.68 per share, for a total transaction of $146,800.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,789,078 shares of the company’s stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Walker & Dunlop, Inc (NYSE:WD) is a holding company and conducts all of its operations through Walker & Dunlop, LLC.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.