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Stock Market & Financial Investment News

News Breaks
January 17, 2014
08:41 EDTRCAPRCS Capital acquisition of Cetera transformative, says JMP Securities
After RCS Capital agreed to buy Cetera Financial, JMP Securities thinks the deal is transformative for RCS, given the size of the deal and its creation of the second largest independent advisor network. The firm reiterates a $22 price target and Outperform rating on the stock.
News For RCAP From The Last 14 Days
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August 28, 2015
17:04 EDTRCAPApollo Principal Holdings reports 5.7% stake in RCS Capital
August 17, 2015
08:45 EDTRCAPRCS Capital shares undervalued after decline, says JMP Securities
After RCS reported results that JMP Securities views as disappointing, the firm says that the company faces a high degree of uncertainty going forward. However, the firm thinks that the company's current share price undervalues its existing retail franchise, while its earnings power could significantly boost the stock if its business becomes more stable. JMP keeps an Outperform rating on the shares.

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