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Colliers Securities Thinks Latch’s Stock is Going to Recover

Colliers Securities analyst Barry Oxford maintained a Buy rating on Latch (LTCHResearch Report) today and set a price target of $8.00. The company’s shares closed last Monday at $6.20, close to its 52-week low of $5.43.

According to TipRanks.com, Oxford is a 4-star analyst with an average return of 16.0% and a 85.5% success rate. Oxford covers the Financial sector, focusing on stocks such as Preferred Apartment Communities, Bluerock Residential Growth, and Presidio Property Trust.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Latch with a $10.90 average price target.

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