JMP Securities analyst David Scharf maintained a Buy rating on OppFi (OPFI – Research Report) today and set a price target of $5.00. The company’s shares closed last Friday at $3.12, close to its 52-week low of $2.46.
According to TipRanks.com, Scharf is a 5-star analyst with an average return of 13.0% and a 52.2% success rate. Scharf covers the Financial sector, focusing on stocks such as International Money Express, Bread Financial Holdings, and Synchrony Financial.
Currently, the analyst consensus on OppFi is a Moderate Buy with an average price target of $4.75.
The company has a one-year high of $11.40 and a one-year low of $2.46. Currently, OppFi has an average volume of 214.1K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OPFI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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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