Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company has market cap of $4.05 billion. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. It has a 4.96 P/E ratio. The firm insures various debt obligations, including bonds issued by the United States state or municipal governmental authorities; and notes issued to finance infrastructure projects.
In an analyst report issued on today, National Bank Financial kept their Sector Perform rating on Melcor Reit (TSE:MR.UN)‘s stock. The target price would suggest a potential upside of 11.90% from company’s last stock close.
Among 5 analysts covering Melcor Reit (TSE:MR.UN), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Melcor Reit has $17.50 highest and $8.50 lowest target. $9.98’s average target is 17.55% above currents $8.49 stock price. Melcor Reit had 9 analyst reports since August 10, 2015 according to SRatingsIntel. Desjardins Securities maintained Melcor Real Estate Investment Trust (TSE:MR.UN) on Thursday, August 11 with “Hold” rating.
Melcor Real Estate Investment Trust is a current investment arm of Melcor Developments Ltd. The company has market cap of $218.76 million. Melcor Real Estate Investment Trust focuses on the acquisition, owning, and management of retail, office, and industrial properties in Western Canada. It currently has negative earnings. The Company’s property portfolio consists of 27 properties with approximately 1.57 million owned square feet of gross leasable area.
The stock decreased 0.12% or $0.01 during the last trading session, reaching $8.49. About 18,190 shares traded or 63.21% up from the average. Melcor Real Estate Investment Trust (TSE:MR.UN) has 0.00% since December 23, 2016 and is . It has underperformed by 16.70% the S&P500.
Venor Capital Management Lp holds 19.71% of its portfolio in Assured Guaranty Ltd. for 909,489 shares. Taylor Asset Management Inc owns 771,300 shares or 9.39% of their US portfolio. Moreover, Tegean Capital Management Llc has 7.99% invested in the company for 400,000 shares. The New York-based Fine Capital Partners L.P. has invested 7.96% in the stock. Elm Ridge Management Llc, a New York-based fund reported 388,229 shares.
Since January 1, 0001, it had 0 buys, and 1 insider sale for $38 activity.
The stock decreased 0.32% or $0.11 during the last trading session, reaching $34.51. About 729,627 shares traded. Assured Guaranty Ltd. (AGO) has risen 51.57% since December 23, 2016 and is uptrending. It has outperformed by 34.87% the S&P500.