KBW analyst Thomas McJoynt Griffith maintained a Hold rating on Lemonade (LMND – Research Report) yesterday and set a price target of $18.00. The company’s shares closed yesterday at $17.23.
According to TipRanks, McJoynt Griffith is a 4-star analyst with an average return of 37.4% and a 50.00% success rate. McJoynt Griffith covers the Financial sector, focusing on stocks such as Root, Lemonade, and Assurant.
Currently, the analyst consensus on Lemonade is a Hold with an average price target of $19.80.
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 1.82M.
Based on the recent corporate insider activity of 21 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 LMND in relation to earlier this year.
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.
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:
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- Unusually active option classes on open March 11th
- Lemonade (NYSE:LMND): Disrupting Insurance with Tech, But Is the Stock a Buy?
