In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on XpresSpa Group (XSPA – Research Report), with a price target of $2.00. The company’s shares opened today at $0.87.
Buck covers the Technology sector, focusing on stocks such as Transcat, Intellicheck Mobilisia, and Boxlight. According to TipRanks, Buck has an average return of -1.0% and a 37.69% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for XpresSpa Group with a $2.00 average price target.
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The company has a one-year high of $2.19 and a one-year low of $0.63. Currently, XpresSpa Group has an average volume of 491.6K.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of XSPA in relation to earlier this year.
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XpresSpa Group, Inc. is a health and wellness services company. It operates through XpresSpa,is an airport retailer of spa services. The XpresSpa offers travelers spa services, including massage, nail and skin care, as well as spa and travel products.The company was founded by Jonathan Medved and David Goldfarb in January 9, 2006 and is headquartered in New York, NY.
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