Compass Point Maintains Buy Rating on Invesco Mortgage (IVR), Citing Wider-Than-Average Mortgage Spreads

Invesco Mortgage Capital Inc. (NYSE:IVR) ranks among the most undervalued REIT stocks to buy right now. On January 16, Compass Point lifted its price target for Invesco Mortgage Capital Inc. (NYSE:IVR) to 9.50from9.50 from 9, retaining a Buy rating on the mortgage REIT. The firm identified wider-than-average mortgage spreads as a possible driver of book value per share increase. Compass Point forecasts these margins to narrow as fixed-income fluctuation falls and the yield curve grows steeper. Pixabay/Public D ...