RBC Capital analyst Ben Hendrix reiterated a Hold rating on SelectQuote (SLQT – Research Report) today and set a price target of $3.00. The company’s shares closed today at $1.20.
Hendrix covers the Healthcare sector, focusing on stocks such as Addus Homecare, Amedisys, and Brookdale Senior Living. According to TipRanks, Hendrix has an average return of -6.4% and a 43.20% success rate on recommended stocks.
SelectQuote has an analyst consensus of Hold, with a price target consensus of $2.42.
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The company has a one-year high of $3.25 and a one-year low of $0.51. Currently, SelectQuote has an average volume of 1.6M.
Based on the recent corporate insider activity of 21 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 SLQT in relation to earlier this year. Most recently, in March 2023, Gunter Matthew Scott, the Chief Experience Officer of SLQT bought 22,700.00 shares for a total of $42,449.00.
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.
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQoute Auto & Home.
