In a report released yesterday, Thomas McJoynt Griffith from KBW maintained a Hold rating on Lemonade (LMND – Research Report), with a price target of $16.00. The company’s shares closed yesterday at $21.72.
According to TipRanks, McJoynt Griffith is a 3-star analyst with an average return of 4.9% and a 50.00% success rate. McJoynt Griffith covers the Financial sector, focusing on stocks such as Assurant, Lemonade, and Root.
Lemonade has an analyst consensus of Hold, with a price target consensus of $15.33.
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The company has a one-year high of $24.81 and a one-year low of $10.27. Currently, Lemonade has an average volume of 1.73M.
Based on the recent corporate insider activity of 17 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 LMND in relation to earlier this year. Last month, John Sheldon Peters, the Chief Insurance Officer of LMND bought 10,000.00 shares for a total of $26,500.00.
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Lemonade (LMND) Company Description:
Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes.
Read More on LMND:
- Lemonade Inc. Releases Q4 Supplementary Shareholder Information
- Lemonade Inc (LMND) Q4 Earnings Cheat Sheet
- Short Report: Bears boost WW exposure ahead of earnings after marketing debacle
- Lemonade call volume above normal and directionally bullish
- Lemonade initiated with a Market Perform at TD Cowen
