In a report released yesterday, Barry Oxford from Colliers Securities maintained a Buy rating on SmartRent (SMRT – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $3.32.
According to TipRanks, Oxford is a 3-star analyst with an average return of 1.9% and a 59.12% success rate. Oxford covers the Real Estate sector, focusing on stocks such as Global Net Lease, SmartRent, and Postal Realty.
In addition to Colliers Securities, SmartRent also received a Buy from D.A. Davidson’s Tom White in a report issued yesterday. However, on the same day, Morgan Stanley maintained a Hold rating on SmartRent (NYSE: SMRT).
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The company has a one-year high of $5.84 and a one-year low of $2.03. Currently, SmartRent has an average volume of 1.62M.
Based on the recent corporate insider activity of 97 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 SMRT in relation to earlier this year.
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Fifth Wall Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
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