Dallas, Texas 08/14/2013 (Financialstrend) – Annaly Capital Management, Inc. (NYSE:NLY) had decline of 2.92% with the trading on Tuesday and had thereby closed at $11.62 per share. While the stock opened at $11.92 per share, there had been oscillations in the intraday values ranging between $11.62 and $11.95 per share during the day. The 52 week low price for the stock is currently at $11.19 and 52 week high price is at $17.75 per share. There are a total 985.09 million shares in the market regarding to a market cap of $11.45 billion. The stock observed around 13.34 million shares being traded hands on Tuesday while the average level of tradeoff is at 11.57 million shares a day.
Annaly Capital Management, Inc preserves, achieves, and finances a collection of real estate related savings, including bank loan pass-through credentials, collateralized mortgage obligations (CMOs), Agency callable debentures, and other sanctuarieson behalf of interests in or requirementssponsored by groups of mortgage loans.
Analysts at Barclays Capital echoed an equal mass rating on shares of Annaly Capital Management in ainvestigation note to depositors on Friday. They now have a $12.00 charge target on the stock. Distinctly, analysts at Nomura raised their price objective on shares of Annaly Capital Management from $15.00 to $16.00 in anexamination note to investors on Friday. They now have aimpartial rating on the stock. In conclusion, analysts at Citigroup Inc. raised their price board on shares of Annaly Capital Management to $12.00 in a study note to depositors on Friday.
Five asset analysts have valued the stock with a sell rating, eight have allocated a hold rating and four have delivered a buy rating to the business’s stock. Annaly Capital Management at present has an average rating of Hold and a regular price target of $13.68.