MFA Mortgage Investments (NYSE: MFA) Future Looks Bright

Jefferies & Company, Inc. today initiated coverage of MFA Mortgage Investments (NYSE: MFA)(FREE stock trend analysis) with a Buy rating and 12-month price target set to $9. Analysts feel that depending on the macro-economic environment, MFA’s diversified structure allows the company to come up with returns that are more consistent and reduces interest rate risks.

Moreover, MFA Mortgage Investments’ low duration, low premium Agency portfolio helps the company to benefit from a steep yield curve.

MFA is a public real estate investment trust (REIT) incorporated in Maryland. In the previous trading session, MFA closed at $7.50. The 52-week trading range for MFA is $ 5.00 - $8.39. So far during the current calendar year, MFA has surged over 25%.