Oppenheimer analyst Martin Yang maintained a Buy rating on Unity Software (U – Research Report) today and set a price target of $60.00. The company’s shares closed last Friday at $33.25.
According to TipRanks, Yang is an analyst with an average return of -16.8% and a 22.52% success rate. Yang covers the Technology sector, focusing on stocks such as Unity Software, Apple, and Take-Two.
Currently, the analyst consensus on Unity Software is a Moderate Buy with an average price target of $59.00.
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U market cap is currently $9.99B and has a P/E ratio of -14.73.
Based on the recent corporate insider activity of 96 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 U in relation to earlier this year.
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California-based Unity Software Inc. is a video game software development company. The platform provides software solutions to create and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
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