Chardan Capital Reaffirms Their Buy Rating on PLBY Group (PLBY)

Chardan Capital analyst Research Report) today and set a price target of $9.00. The company’s shares opened today at $5.46.

According to TipRanks, Dobson is an analyst with an average return of -12.2% and a 30.91% success rate.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PLBY Group with a $10.17 average price target, implying an 86.26% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a $14.00 price target.

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The company has a one-year high of $43.25 and a one-year low of $5.76. Currently, PLBY Group has an average volume of 1.03M.

Based on the recent corporate insider activity of 49 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 PLBY in relation to earlier this year.

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Mountain Crest Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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