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Phh Corp (PHH) [hlAlert]

Rating:
Buy PHH
up 14.45 %

Phh Corp (PHH) upgraded to Buy with price target $19 by Compass Point

Posted on: Wednesday,  Sep 30, 2015  9:25 AM ET by Compass Point

Compass Point rated Buy Phh Corp (NYSE: PHH) on 09/30/2015, when the stock price was $14.32. Since
then, Phh Corp has gained 14.46% as of 01/21/2016's recent price of $16.39.
If you would have followed this Compass Point's recommendation on PHH, you would have gained 14.45% of your investment in 113 days.

PHH Corporation (PHH) is an outsource provider of mortgage and fleet management services. The Company operates in three segments: Mortgage Production, Mortgage Servicing and Fleet Management Services. PHH's Mortgage Production segment originates, purchases and sells mortgage loans through its wholly owned subsidiary, PHH Mortgage Corporation and its subsidiaries (collectively, PHH Mortgage), which is inclusive of PHH Home Loans and STARS. The Company's Mortgage Servicing segment services mortgage loans that either PHH Mortgage or PHH Home Loans originated, or for which PHH Mortgage purchased the mortgage servicing rights. PHH's Fleet Management Services segment provides commercial fleet management services to corporate clients and government agencies throughout the United States and Canada through its wholly owned subsidiary, PHH Vehicle Management Services Group LLC, doing business as PHH Arval.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2015 9:25 AM Buy
None
14.32 19.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -3.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2014 12:00 AM Hold
None
23.59 26.00
6/24/2013 8:25 AM Buy
None
19.86 26.00
10/10/2012 8:25 AM Hold
None
21.74 24.00

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