Onity Group (NYSE:ONIT) Upgraded to “Outperform” by Keefe, Bruyette & Woods

Onity Group (NYSE:ONIT) was upgraded by investment analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The firm currently has a $33.00 price target on the stock, up from their prior price target of $32.00. Keefe, Bruyette & Woods’ price target points to a potential upside of 29.56% from the stock’s previous close.

Onity Group Price Performance

Shares of NYSE:ONIT opened at $25.47 on Wednesday. Onity Group has a 52 week low of $21.15 and a 52 week high of $35.79.

Onity Group Company Profile

Onity Group Inc, a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as loans.