Flagstar Financial (NYSE:FLG) Coverage Initiated at UBS Group

Analysts at UBS Group initiated coverage on shares of Flagstar Financial (NYSE:FLG) in a report issued on Tuesday, MarketBeat reports. The brokerage set a “neutral” rating and a $11.50 price target on the stock. UBS Group’s price target suggests a potential upside of 21.95% from the company’s previous close.

Separately, Compass Point raised their price target on Flagstar Financial from $11.50 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th.

Flagstar Financial Stock Performance

Shares of FLG stock opened at $9.43 on Tuesday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.12 and a current ratio of 1.14. Flagstar Financial has a one year low of $5.10 and a one year high of $31.95. The firm has a market cap of $3.91 billion, a PE ratio of -2.16 and a beta of 1.05.

Flagstar Financial Company Profile

Flagstar Financial, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.