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Enova International (ENVA) Receives a Buy from Maxim Group

In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on Enova International (ENVAResearch Report), with a price target of $55.00. The company’s shares closed last Monday at $33.64.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 11.9% and a 46.9% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Generation Income Properties, and Westamerica Bancorporation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enova International with a $44.67 average price target, a 30.3% upside from current levels. In a report issued on July 29, JMP Securities also reiterated a Buy rating on the stock with a $42.00 price target.

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Enova International’s market cap is currently $1.1B and has a P/E ratio of 5.87.

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Enova International, Inc. engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization (CSO) program, bank program, and decision management platform-as-a-service and analytics-as-a-service. It caters non-prime credit consumers and small businesses in the United States and Brazil. The company was founded by Albert Goldstein and Alexander Goldstein in 2003 and is headquartered in Chicago, IL.

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