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Home›Financial affairs›Regional Management Corp. – Consensus indicates a downside potential of -9.9%

Regional Management Corp. – Consensus indicates a downside potential of -9.9%

By Corey Owens
September 25, 2021
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Regional management company. with the ticker code (RM) now have 6 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 64 and 41 and has an average target of 54.33. Given that the previous close of shares was at 60.31, this would imply a potential drop of -9.9%. The 50-day moving average is 57.96 and the 200-day moving average is 47.15. The company’s market capitalization is $ 632 million. For more information, visit: http://www.regionalmanagement.com

Regional Management Corp, a diversified consumer credit company, offers a variety of installment loan products primarily to customers with limited access to consumer credit from banks, savings banks, credit card companies and ‘other lenders. It offers loans in small and large installments; retail loans to finance the purchase of furniture, household appliances and other retail products; insurance products, including credit life insurance, credit accidents and health, credit property, single vehicle interest and credit involuntary unemployment insurance; guarantee protection insurance; and property insurance, as well as reinsurance products. The company’s loans come from branches, direct mail campaigns, digital partners and retailers, as well as its mainstream website. As of April 20, 2021, it operated a network of 366 branches in the Southeast, Southwest, Mid-Atlantic, and Midwestern United States. Regional Management Corp. was incorporated in 1987 and is headquartered in Greer, South Carolina.

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