Analysts Are Bullish on These Financial Stocks: PayPal Holdings (PYPL), Reinsurance Group (RGA)

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There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on PayPal Holdings (PYPLResearch Report), Reinsurance Group (RGAResearch Report) and Northeast Bancorp (NBNResearch Report) with bullish sentiments.

PayPal Holdings (PYPL)

In a report released today, Ramsey El Assal from Barclays maintained a Buy rating on PayPal Holdings, with a price target of $81.00. The company’s shares closed last Friday at $67.30.

According to TipRanks.com, Assal is a 2-star analyst with an average return of -0.1% and a 47.2% success rate. Assal covers the Technology sector, focusing on stocks such as TELUS International (CDA), Fidelity National Info, and Rackspace Technology.

Currently, the analyst consensus on PayPal Holdings is a Moderate Buy with an average price target of $74.32, an 11.8% upside from current levels. In a report issued on May 31, New Street also initiated coverage with a Buy rating on the stock with a $80.00 price target.

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Reinsurance Group (RGA)

Piper Sandler analyst John Barnidge maintained a Buy rating on Reinsurance Group today and set a price target of $228.00. The company’s shares closed last Friday at $204.13, close to its 52-week high of $213.21.

According to TipRanks.com, Barnidge is a 5-star analyst with an average return of 9.9% and a 61.9% success rate. Barnidge covers the Financial sector, focusing on stocks such as Corebridge Financial, Inc., F&G Annuities & Life Inc, and Brighthouse Financial.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Reinsurance Group with a $221.80 average price target, implying an 8.9% upside from current levels. In a report issued on May 30, UBS also maintained a Buy rating on the stock with a $240.00 price target.

Northeast Bancorp (NBN)

In a report released today, Alexander Twerdahl from Piper Sandler reiterated a Buy rating on Northeast Bancorp, with a price target of $71.00. The company’s shares closed last Friday at $56.15.

According to TipRanks.com, Twerdahl is a 5-star analyst with an average return of 10.6% and a 62.4% success rate. Twerdahl covers the Financial sector, focusing on stocks such as Bank of NT Butterfield & Son, The First Of Long Island, and First Financial Bancorp.

Northeast Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $71.00.

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