JMP Securities analyst Devin Ryan reiterated a Buy rating on Forge Global Holdings (FRGE – Research Report) yesterday and set a price target of $7.00. The company’s shares closed yesterday at $2.85.
According to TipRanks, Ryan is a top 100 analyst with an average return of 15.9% and a 66.21% success rate. Ryan covers the Financial sector, focusing on stocks such as Lazard, LPL Financial, and Goldman Sachs Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forge Global Holdings with a $4.38 average price target.
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FRGE market cap is currently $503M and has a P/E ratio of -4.65.
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