Analysts Offer Insights on Financial Companies: Trinity Capital (TRIN), Everest Group (EG) and Bank of America (BAC)

Analysts have been eager to weigh in on the Financial sector with new ratings on Trinity Capital (TRIN – Research Report), Everest Group (EG – Research Report) and Bank of America (BAC – Research Report).

Trinity Capital (TRIN)

In a report released today, Paul Johnson from KBW maintained a Hold rating on Trinity Capital, with a price target of $15.00. The company’s shares closed last Wednesday at $13.62, close to its 52-week low of $13.27.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 7.3% and a 83.3% success rate. Johnson covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Blackstone Secured Lending Fund, and Sixth Street Specialty Lending.

Trinity Capital has an analyst consensus of Moderate Buy, with a price target consensus of $14.90, which is an 8.8% upside from current levels. In a report issued on October 29, Wells Fargo also assigned a Hold rating to the stock with a $13.00 price target.

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Everest Group (EG)

KBW analyst Meyer Shields maintained a Buy rating on Everest Group today and set a price target of $456.00. The company’s shares closed last Wednesday at $380.00.

According to TipRanks.com, Shields is a top 100 analyst with an average return of 15.3% and a 76.3% success rate. Shields covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., American International Group, and Marsh & Mclennan Companies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Everest Group with a $441.10 average price target, a 17.3% upside from current levels. In a report issued on October 23, Barclays also maintained a Buy rating on the stock with a $527.00 price target.

Bank of America (BAC)

KBW analyst David Konrad maintained a Buy rating on Bank of America today and set a price target of $50.00. The company’s shares closed last Wednesday at $42.31, close to its 52-week high of $44.44.

According to TipRanks.com, Konrad is a 5-star analyst with an average return of 21.4% and a 72.0% success rate. Konrad covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, JPMorgan Chase & Co., and Goldman Sachs Group.

Currently, the analyst consensus on Bank of America is a Strong Buy with an average price target of $46.47, which is an 11.4% upside from current levels. In a report issued on October 17, Phillip Securities also upgraded the stock to Buy with a $44.00 price target.

Read More on TRIN:

• Trinity Capital Reports Strong Q3 2024 Results
• Trinity Capital Reports Record Q3 2024 Financial Performance
• Trinity Capital reports Q3 EPS 52c, consensus 52c
• Trinity Capital reports Q3 EPS 43c, consensus 52c
• Trinity Capital Hits Record Quarter with Strategic Investments