J.P. Morgan analyst Richard Shane downgraded Oportun Financial to a Sell today and set a price target of $6.00. The company’s shares closed yesterday at $5.74.
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According to TipRanks, Shane is a 5-star analyst with an average return of 11.7% and a 66.95% success rate. Shane covers the Financial sector, focusing on stocks such as SLM, OneMain Holdings, and American Express.
The word on The Street in general, suggests a Hold analyst consensus rating for Oportun Financial with a $8.13 average price target.
OPRT market cap is currently $252.6M and has a P/E ratio of -28.90.
Based on the recent corporate insider activity of 26 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 OPRT in relation to earlier this year. Last month, Kathleen I. Layton, the CLO of OPRT sold 4,214.00 shares for a total of $27,980.96.