Why Has Citigroup Given OneMain Holdings (NYSE:OMF) a $43.00 Price Target
Research professionals at Citigroup have commenced coverage coverage on shares of OneMain Holdings (NYSE:OMF) in an interesting research report revealed to investors and clients on Tuesday morning. The financial firm set Buy rating on the stock. Citigroup’s PT of $43.00 suggests potential of -10.70% from the stock’s previous stock close.
Approximately 61,096 shares of stock traded hands. OneMain Holdings Inc (NYSE:OMF) has declined 7.06% since April 28, 2015 and is downtrending. It has underperformed by 5.43% the S&P500.
OneMain Holdings, Inc., formerly Springleaf Holdings, Inc. , is a consumer financial services holding company. The company has a market cap of $6.60 billion. The Firm provides responsible loan products to clients through its branch network and through its centralized operations. It currently has negative earnings. The Firm operates its business through three divisions: Consumer and Insurance; Acquisitions and Servicing, and Real Estate.
According to Zacks Investment Research, “Springleaf Holdings, Inc. operates as a consumer finance company. It provides loan products to customers through iLoan, its internet lending division. The company provides non-real estate loans secured by consumer goods, automobiles, and other personal properties; unsecured lines of credit; retail sales financing and real estate loans secured by first or second mortgages on residential real estate. Springleaf Holdings, Inc. is based in Evansville, Indiana.” Get a free copy of the Zacks research report on OneMain Holdings Inc (OMF)