In a report released yesterday, Matthew Galinko from Maxim Group maintained a Buy rating on LM Funding America (LMFA – Research Report), with a price target of $2.00. The company’s shares opened today at $0.74.
According to TipRanks, Galinko is an analyst with an average return of -7.1% and a 43.09% success rate. Galinko covers the Technology sector, focusing on stocks such as SuperCom, Ondas Holdings, and American Software.
Currently, the analyst consensus on LM Funding America is a Moderate Buy with an average price target of $2.00.
See the top stocks recommended by analysts >>
LMFA market cap is currently $10.84M and has a P/E ratio of -0.34.
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.
LM Funding America, Inc. operates as a financial company which engages in the provision of funding to nonprofit community associations by purchasing its rights under delinquent accounts. The firm’s products include LM funding classic, new neighbor guaranty, and complete protecion plan. It also involves in the business of purchasing delinquent accounts on various terms tailored to suit each association’s financial needs, including under its New Neighbor Guaranty program. The company was founded by Carollinn Gould on January 14, 2008 and is headquartered in Tampa, FL.
Read More on LMFA:
- LM Funding America, Inc. Provides Quarterly Bitcoin Mining Update for Three Months Ended June 30, 2023
- LM Funding mined 79.1 BTC in June
- LM Funding America, Inc. Acquires Assets of Symbiont.io, Inc. from Chapter 11 Bankruptcy
- LM Funding America, Inc. Announces Stalking Horse Bid to Purchase the Assets of Symbiont.io, Inc. Out of Chapter 11 Bankruptcy
- LM Funding America, Inc. Achieves Over 1,100% Year-Over-Year Revenue Growth to $2.1 Million for the First Quarter of 2023
