RBC Capital analyst Jon Arfstrom maintained a Hold rating on Bread Financial Holdings yesterday and set a price target of $115.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Arfstrom covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Associated Banc-Corp, and First Horizon. According to TipRanks, Arfstrom has an average return of 15.8% and a 62.13% success rate on recommended stocks.
In addition to RBC Capital, Bread Financial Holdings also received a Hold from Barclays’s Terry Ma in a report issued on July 7. However, on July 9, Bank of America Securities maintained a Buy rating on Bread Financial Holdings (NYSE: BFH).
Based on Bread Financial Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.21 billion and a net profit of $181 million. In comparison, last year the company earned a revenue of $1.2 billion and had a net profit of $138 million
