Needham analyst Mayank Tandon maintained a Buy rating on OppFi (OPFI – Research Report) today and set a price target of $4.00. The company’s shares closed today at $2.34.
According to TipRanks, Tandon is a 5-star analyst with an average return of 7.3% and a 45.96% success rate. Tandon covers the Technology sector, focusing on stocks such as ACI Worldwide, CoStar Group, and Euronet Worldwide.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OppFi with a $3.83 average price target.
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OPFI market cap is currently $251.5M and has a P/E ratio of 1.14.
Based on the recent corporate insider activity of 74 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 OPFI in relation to earlier this year.
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 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.
