Maxim Group Reiterates $8.0000 Price Target On Manhattan Bridge Capital (LOAN), Reiterates “Buy” Rating; 8 Bullish Analysts Covering Universal Display (OLED)

April 17, 2018 - By reb123z

Universal Display Corporation (NASDAQ:OLED) Logo

In an analyst note issued on 17 April, Manhattan Bridge Capital Inc (NASDAQ:LOAN) stock “Buy” was restate by Analysts at Maxim Group. They currently have a $8.0000 target on the stock. Maxim Group’s target suggests a potential upside of 11.58% from the company’s current price.

Among 11 analysts covering Universal Display (NASDAQ:OLED), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Universal Display had 34 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating by Evercore given on Thursday, November 30. The stock has “Hold” rating by Zacks on Tuesday, August 11. Canaccord Genuity maintained it with “Hold” rating and $49 target in Friday, November 4 report. The company was maintained on Tuesday, March 20 by Goldman Sachs. The rating was upgraded by Goldman Sachs to “Buy” on Monday, May 23. The firm has “Buy” rating by Cowen & Co given on Wednesday, November 1. Summit Research initiated it with “Hold” rating and $31 target in Monday, September 28 report. The firm has “Buy” rating by Cowen & Co given on Friday, August 4. The company was maintained on Friday, November 3 by Needham. As per Friday, November 4, the company rating was upgraded by Gabelli. See Universal Display Corporation (NASDAQ:OLED) latest ratings:

06/04/2018 Broker: Oppenheimer Old Rating: Perform New Rating: Outperform Upgrade
20/03/2018 Broker: Goldman Sachs Rating: Buy New Target: $190.0 Maintain
20/03/2018 Broker: Gabelli Rating: Buy Upgrade
23/02/2018 Broker: Susquehanna Rating: Buy New Target: $200.0 Maintain
23/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $190 New Target: $170 Maintain
20/02/2018 Broker: Cowen & Co Rating: Buy New Target: $225.0 Maintain
20/02/2018 Broker: Needham Rating: Buy New Target: $180.0 Upgrade
16/01/2018 Broker: Cowen & Co Rating: Buy New Target: $225.0 Maintain
05/01/2018 Broker: Susquehanna Rating: Buy New Target: $215.0 Maintain
30/11/2017 Broker: Evercore Rating: Buy New Target: $225.0 Initiate

The stock increased 1.70% or $0.12 during the last trading session, reaching $7.17. About 11,632 shares traded. Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) has risen 17.86% since April 17, 2017 and is uptrending. It has outperformed by 6.31% the S&P500.

Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company has market cap of $58.14 million. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area. It has a 17.07 P/E ratio. The companyÂ’s loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the businesses.

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode technologies and materials for use in flat panel displays and solid-state lighting applications. The company has market cap of $4.66 billion. It owns, exclusively licenses, or has the sole right to sublicense approximately 4,200 patents issued and pending worldwide. It has a 45.3 P/E ratio. The firm licenses and supplies its proprietary UniversalPHOLED materials to display manufacturers and others.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.08, from 1.27 in 2017Q3. It fall, as 34 investors sold Universal Display Corporation shares while 96 reduced holdings. 69 funds opened positions while 86 raised stakes. 28.43 million shares or 3.54% less from 29.47 million shares in 2017Q3 were reported. Atlantic Grp Lc reported 5,215 shares or 0% of all its holdings. Stifel Fincl holds 0% or 4,736 shares. Baystate Wealth Management Limited has 275 shares. Parsons Capital Mgmt Ri invested in 0.02% or 1,226 shares. State Of Alaska Department Of Revenue accumulated 3,100 shares. Muhlenkamp Incorporated reported 42,240 shares. Tradewinds Mngmt Ltd Co reported 62 shares. Dimensional Fund Advsrs Ltd Partnership reported 179,111 shares or 0.01% of all its holdings. Raymond James Assocs reported 36,935 shares. Pnc Fincl Grp Inc has invested 0% in Universal Display Corporation (NASDAQ:OLED). New York-based Jane Street Ltd Company has invested 0.03% in Universal Display Corporation (NASDAQ:OLED). Zurcher Kantonalbank (Zurich Cantonalbank) holds 6,240 shares. Jennison Associate Limited Liability Corp reported 0.01% stake. Voya Mngmt Ltd Liability holds 30,772 shares or 0.01% of its portfolio. Public Employees Retirement Sys Of Ohio reported 18,042 shares.

Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) Institutional Positions Chart

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