In a report released today, Michael Grondahl from Northland Securities reiterated a Buy rating on International Money Express (IMXI – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $20.02.
Grondahl covers the Financial sector, focusing on stocks such as Lendingtree, Encore Capital, and WisdomTree. According to TipRanks, Grondahl has an average return of 9.4% and a 47.83% success rate on recommended stocks.
In addition to Northland Securities, International Money Express also received a Buy from Monness’s Gustavo Gala in a report issued yesterday. However, today, KeyBanc assigned a Hold rating to International Money Express (NASDAQ: IMXI).
IMXI market cap is currently $655.7M and has a P/E ratio of 11.96.
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International Money Express (IMXI) Company Description:
International Money Express, Inc. engages in the provision of electronic money remittance services. It offers wire transfer, money order and check cashing services. The company was founded in 1994 and is headquartered in Miami, FL.
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