Opendoor Technologies (OPEN – Research Report) received a Hold rating and price target from BTIG analyst Jake Fuller today. The company’s shares closed yesterday at $4.34.
According to TipRanks, Fuller is a 4-star analyst with an average return of 7.0% and a 51.29% success rate. Fuller covers the Consumer Cyclical sector, focusing on stocks such as Expedia, Maplebear, and Booking Holdings.
Opendoor Technologies has an analyst consensus of Hold, with a price target consensus of $2.38, implying a -45.16% downside from current levels. In a report released on December 15, KBW also assigned a Hold rating to the stock with a $3.50 price target.
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OPEN market cap is currently $2.91B and has a P/E ratio of -4.76.
Based on the recent corporate insider activity of 73 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 OPEN in relation to earlier this year.
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Opendoor Technologies (OPEN) Company Description:
Social Capital Hedosophia Holdings Corp II is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Read More on OPEN:
- Unusually active option classes on open December 14th
- Microsoft initiated, Hertz downgraded: Wall Street’s top analyst calls
- Keefe upgrades Opendoor on lack of catalysts, CoStar top pick
- Opendoor upgraded to Market Perform from Underperform at Keefe Bruyette
- Fintech: Do Robo-Analysts Dream of Electric Returns?
