Steven Schwartz, an analyst at Chicago Corp., has initiated coverage of
Mr. Schwartz has given a buy rating to both stocks.
In a research report, he set a 12-month share-price target for PMI of
"We believe PMI will benefit from positive trends in the mortgage
About CMAC, Mr. Schwartz said the company's growing market share should
He estimates CMAC's earnings at $4.10 a share for 1995 and $4.75 for
Both companies are listed on the New York Stock Exchange.