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Jefferies Stick to Their Hold Rating for Rocket Companies

Published 11/11/2021, 04:12 AM
JEF
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Jefferies (NYSE:JEF) analyst Ryan Carr maintained a Hold rating on Rocket Companies on Friday, setting a price target of $17, which is approximately 2.60% above the present share price of $16.57.

Carr expects Rocket Companies to post earnings per share (EPS) of $0.55 for the fourth quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Rocket Companies, with an average price target of $19.38.
The analysts price targets range from a high of $23 to a low of $17.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $3.08 billion and a net profit of $0. The company's market cap is $2.28 billion.

According to TipRanks.com, Jefferies analyst Ryan Carr is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.6% and a 61.54% success rate.

Rocket Companies, Inc. is a personal finance company which helps its clients achieve the American dream of home ownership and financial freedom. Its flagship company, Rocket Mortgage, is the nation’s largest mortgage lender. The company’s other personal finance and consumer service brands include Rocket Homes, Rocket Loans, Rocket Auto, Amrock, Core Digital Media, Rock Connections, Rock Central, Lendesk and Edison Financial.

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