KBW analyst Ryan Tomasello maintained a Hold rating on Porch Group (PRCH – Research Report) on January 26 and set a price target of $2.00. The company’s shares closed last Friday at $2.35.
Tomasello covers the Technology sector, focusing on stocks such as Blend Labs, AppFolio, and Porch Group. According to TipRanks, Tomasello has an average return of -31.5% and a 37.50% success rate on recommended stocks.
Porch Group has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.
See the top stocks recommended by analysts >>
PRCH market cap is currently $232.4M and has a P/E ratio of -1.35.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRCH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Porch Group (PRCH) Company Description:
PropTech Acquisition Corp is an organized blank check company.
Read More on PRCH:
