In a report released today, David Scharf from JMP Securities maintained a Buy rating on OppFi (OPFI – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $3.02.
Scharf covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Encore Capital, and Open Lending. According to TipRanks, Scharf has an average return of 8.1% and a 49.38% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OppFi with a $5.50 average price target.
OPFI market cap is currently $299.5M and has a P/E ratio of -103.85.
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.
OppFi (OPFI) Company Description:
OppFi Inc. (OPFI) is a financial technology firm offering loans and financial access to customers through bank partnerships. The Chicago-based AI powered platform offers three main products, namely: OppLoans, SalaryTap, and OppFi Card. OppFi targets median U.S. consumers who do not have the option of typical credit acquisition routes.
