KBW analyst Thomas McJoynt Griffith assigned a Hold rating to Lemonade (LMND – Research Report) yesterday and set a price target of $18.00. The company’s shares closed yesterday at $17.93.
According to TipRanks, McJoynt Griffith is a 4-star analyst with an average return of 24.0% and a 50.00% success rate. McJoynt Griffith covers the Financial sector, focusing on stocks such as Root, Lemonade, and Hippo Holdings.
Lemonade has an analyst consensus of Moderate Sell, with a price target consensus of $19.17.
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 1.91M.
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.
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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.
