Royal Bank Of Canada Maintains MFA Financial Rating Amid Market Shift

MFA Financial (NYSE:MFA) has been given a 'sector perform' rating by Royal Bank Of Canada. The firm currently has a target price of $10.00 on MFA Financial's stock, indicating a potential upside of 10.33% from the company's previous close.

This is not the first time analysts have weighed in on MFA Financial. Earlier this year, BTIG Research upgraded its rating to 'buy' with a price target of $10.50. Meanwhile, Weiss Ratings gave the company a 'hold' (c-) rating after previously having it as a 'sell' (d+).

Despite these varied opinions, MFA Financial's stock has been trending downward, currently trading at around $9.06 per share. The firm's market capitalization stands at approximately $916.28 million.