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Stonegate Mortgage Corporation (SGM) [hlAlert]

Rating:
Underweight
SGM
down 50.00 %

Stonegate Mortgage Corporation (SGM) downgraded to Underweight with price target $7 by Barclays

Posted on: Monday,  Aug 10, 2015  1:25 PM ET by Barclays

Barclays rated Underweight Stonegate Mortgage Corporation (NYSE: SGM) on 08/10/2015. Previously Barclays rated Overweight Stonegate Mortgage Corporation (NYSE: SGM) on 02/27/2014.,
when the stock price was $14.50. Since then, Stonegate Mortgage Corporation has lost 50.00% as of 08/10/2015's recent price of $7.25.
If you would have followed the previous Barclays's recommendation on SGM, you would have lost 50% of your investment in 529 days.



Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2015 1:25 PM Sell
None
7.50 6.00
as of 8/27/2015
1 Week down  -5.58 %
1 Month down  -32.60 %
3 Months down  -25.42 %
1 YTD down  -55.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/10/2015 1:25 PM Sell
None
7.25 7.00
2/27/2014 12:25 PM Buy
None
14.50 19.00
11/22/2013 12:25 PM Buy
None
16.18 22.00

(*) Stock Price at the time of the recommendation.
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