Barclays analyst Ramsey El Assal maintained a Buy rating on Affirm Holdings (AFRM – Research Report) today and set a price target of $50.00. The company’s shares closed last Friday at $43.86.
El Assal covers the Technology sector, focusing on stocks such as Affirm Holdings, Cognizant, and FLEETCOR Technologies. According to TipRanks, El Assal has an average return of 2.7% and a 53.44% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Affirm Holdings with a $37.09 average price target, representing a -15.44% downside. In a report released on February 9, Truist Financial also reiterated a Buy rating on the stock with a $60.00 price target.
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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 19.83M.
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.
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