Corelogic Inc (CLGX) Receives Average Rating of “Hold” from Analysts

Shares of Corelogic Inc (NYSE:CLGX) have been assigned an average recommendation of “Hold” from the ten analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $48.57.

Several analysts have recently commented on the stock. Compass Point cut shares of Corelogic from a “neutral” rating to a “sell” rating and set a $43.00 target price for the company. in a research note on Tuesday, February 6th. Zacks Investment Research upgraded shares of Corelogic from a “sell” rating to a “hold” rating in a research note on Tuesday, January 30th. Robert W. Baird reduced their target price on shares of Corelogic from $48.00 to $47.00 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. Barclays raised their target price on shares of Corelogic from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $50.00 target price on shares of Corelogic in a research note on Friday, October 27th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Invictus RG lifted its stake in shares of Corelogic by 98.4% in the third quarter. Invictus RG now owns 2,633 shares of the business services provider’s stock valued at $122,000 after purchasing an additional 1,306 shares during the period. AlphaOne Investment Services LLC acquired a new stake in shares of Corelogic in the fourth quarter valued at about $132,000. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Corelogic in the fourth quarter valued at about $140,000. Calamos Advisors LLC acquired a new stake in shares of Corelogic in the third quarter valued at about $218,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Corelogic by 46.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,921 shares of the business services provider’s stock valued at $227,000 after purchasing an additional 1,570 shares during the period. Hedge funds and other institutional investors own 88.35% of the company’s stock.

Shares of Corelogic (NYSE CLGX) opened at $45.59 on Friday. Corelogic has a 52 week low of $36.31 and a 52 week high of $49.30. The company has a market cap of $3,749.66, a price-to-earnings ratio of 22.53, a PEG ratio of 1.93 and a beta of 0.88. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69.

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About Corelogic

CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.

Analyst Recommendations for Corelogic (NYSE:CLGX)

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