In a report released today, Michael Grondahl from Northland Securities maintained a Buy rating on OppFi (OPFI – Research Report), with a price target of $6.00. The company’s shares closed yesterday at $3.02.
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.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OppFi with a $5.50 average price target, which is an 82.12% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $5.00 price target.
The company has a one-year high of $5.12 and a one-year low of $1.83. Currently, OppFi has an average volume of 321.4K.
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OppFi (OPFI) Company Description:
OppFi Inc. (OPFI) is a financial technology firm offering loans and financial access to customers through bank partnerships. The Chicago-based AI powered platform offers three main products, namely: OppLoans, SalaryTap, and OppFi Card. OppFi targets median U.S. consumers who do not have the option of typical credit acquisition routes.
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