Is This Stock a Screaming Buy: Western Asset Intermediate Muni Fund Inc. (:SBI)

Equity Research firms currently have a positive stance on shares of Western Asset Intermediate Muni Fund Inc. (:SBI). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $1.50 on a short term basis.

At the time of writing, the stock was trading at $10.47. This represents a change from the opening price of -0.29%. In terms of performance, year to date, the stock is 2.45%. The monthly stock performance comes in at -1.60%. For the quarter, shares are performing at -1.72%. Weekly performance analysis shows the equity at -0.76%.

In taking a look at technical levels, shares are trading -0.73% away from the 50 day simple moving average and -0.13% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.79% away from it’s 52- week high and 7.27% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Western Asset Intermediate Muni Fund Inc.’s RSI stands at 43.88. In looking at volatility levels, the shares saw weekly volatility of 0.97% and 0.85% over the past month.

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