MBIA Inc. found using ticker (MBI) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 18 and 9 calculating the average target price we see 13.5. With the stocks previous close at 16.05 this now indicates there is a potential downside of -15.9%. The 50 day moving average now sits at 13.29 while the 200 day moving average is 11.69. The company has a market cap of $911m. You can visit the company’s website by visiting: https://www.mbia.com
MBIA Inc. provides financial insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.
