In a report released today, David Scharf from JMP Securities maintained a Buy rating on Oportun Financial (OPRT – Research Report), with a price target of $6.50. The company’s shares closed yesterday at $2.22.
According to TipRanks, Scharf is a 4-star analyst with an average return of 8.2% and a 48.51% success rate. Scharf covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Synchrony Financial, and Atlanticus Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oportun Financial with a $6.80 average price target.
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OPRT market cap is currently $73.59M and has a P/E ratio of -0.51.
Based on the recent corporate insider activity of 54 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 OPRT in relation to earlier this year.
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Oportun Financial (OPRT) Company Description:
Oportun Financial Corp. is a holding company, which engages in the provision of financial services for customers with credit invisibles. The firm offers small dollar, unsecured installment loans through its proprietary lending platform. The company was founded in August 2005 and is headquartered in San Carlos, CA.
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