Piper Sandler analyst Kevin Barker reiterated a Sell rating on Affirm Holdings (AFRM – Research Report) today and set a price target of $19.00. The company’s shares closed yesterday at $49.22.
Barker covers the Financial sector, focusing on stocks such as OneMain Holdings, Discover Financial Services, and PennyMac Financial. According to TipRanks, Barker has an average return of 13.4% and a 61.08% success rate on recommended stocks.
In addition to Piper Sandler, Affirm Holdings also received a Sell from Morgan Stanley’s James Faucette in a report issued today. However, on the same day, J.P. Morgan maintained a Hold rating on Affirm Holdings (NASDAQ: AFRM).
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The company has a one-year high of $52.48 and a one-year low of $8.80. Currently, Affirm Holdings has an average volume of 19.65M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AFRM in relation to earlier this year.
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Affirm Holdings (AFRM) Company Description:
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a major share of its revenue from the United States.
Read More on AFRM:
- Affirm Stock (NASDAQ:AFRM) Slips Post Q2 Print, Analyst Foresees Recovery
- AFRM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Affirm price target raised to $35 from $24 at Deutsche Bank
- Affirm price target lowered to $43 from $50 at Jefferies
- Affirm price target raised to $60 from $55 at Truist
