Citizens has upgraded Regional Management (NYSE:RM) from Market Perform to Market Outperform with a $45.00 price target.
The upgrade is driven by new leadership, geographic expansion through a Column partnership, more stable credit performance, and better visibility into growth and credit trends. Citizens also noted traction with newer products and increased capital actions.
Shares trade at about 5 times Citizens' 2027 EPS outlook. With a P/E of 7.05 and PEG of 0.13, Bond.az analysis suggests the stock is undervalued. Q1 revenue of $167.29 million beat expectations.
Recently, Regional Management held its annual meeting, where all nine director nominees were approved.
