Barclays Raises Mr. Cooper Group's Price Target to $156.

Barclays raised the price target on Mr. Cooper Group (COOP) to $156 from $147, a 6.12% increase, maintaining an "Overweight" rating. The analyst's positive outlook reflects confidence in the company's performance potential. The average one-year target price from 7 analysts is $145.29, with a high estimate of $168 and a low of $110. The average brokerage recommendation is 2.4, indicating "Outperform" status.

Barclays has raised the price target for Mr. Cooper Group (NASDAQ: COOP) to $156, up from $147, representing a 6.12% increase. The brokerage maintains an "Overweight" rating on the stock, reflecting confidence in the company's performance potential. This positive outlook comes amidst a recent surge in analyst recommendations and target prices for Mr. Cooper Group.

The new price target, set by Barclays, indicates a potential upside of 6.12% from the stock's previous close. This positive assessment is supported by several other research analysts who have recently commented on the company. Piper Sandler lifted their target price from $143 to $158, while Keefe, Bruyette & Woods boosted their target from $115 to $143. UBS Group also increased their target from $135 to $145, and Citizens JMP downgraded the stock from a "strong-buy" to a "hold" rating.

The average one-year target price from seven analysts is $145.29, with a high estimate of $168 and a low of $110. The average brokerage recommendation is 2.4, indicating an "Outperform" status. These figures underscore the generally positive sentiment surrounding Mr. Cooper Group.

Mr. Cooper Group's stock has been performing well, trading up $2.51 during midday trading on Tuesday, July 8th, to hit $149.05. The company's market capitalization stands at $9.54 billion, with a P/E ratio of 16.94 and a P/E/G ratio of 0.43. The stock's 50-day moving average is $135.91, and its 200-day moving average is $116.85.

The company reported strong earnings results for the quarter ending April 23rd, with an EPS of $2.97, topping the consensus estimate by $0.16. Revenue for the quarter was $560.00 million, down 0.7% from the same period last year. The company's return on equity was 15.27%, and its net margin was 25.93%.

Institutional investors have shown significant interest in Mr. Cooper Group, with hedge funds and other institutional investors adding to their stakes. Norges Bank bought a new stake worth approximately $72.98 million, and Wellington Management Group LLP increased its holdings by 43.1% during the 4th quarter.

The company operates as a non-bank servicer of residential mortgage loans in the United States, with activities including collecting and disbursing borrower payments, investor reporting, and modifying loans. The company's strong financial performance and positive analyst sentiment make it an attractive investment opportunity for investors seeking exposure to the mortgage servicing sector.

References:
[1] https://www.marketbeat.com/instant-alerts/mr-cooper-group-nasdaqcoop-price-target-raised-to-15600-at-barclays-2025-07-08/