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Maxim Group Thinks LM Funding America’s Stock is Going to Recover

LM Funding America (LMFAResearch Report) received a Buy rating and a $4.00 price target from Maxim Group analyst Matthew Galinko yesterday. The company’s shares closed last Monday at $1.17, close to its 52-week low of $1.04.

According to TipRanks.com, Galinko is a 1-star analyst with an average return of -1.1% and a 40.0% success rate. Galinko covers the Technology sector, focusing on stocks such as WISeKey International Holding, Arbe Robotics, and Data Storage.

LM Funding America has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.

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The company has a one-year high of $7.81 and a one-year low of $1.04. Currently, LM Funding America has an average volume of 113K.

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LM Funding America, Inc. operates as a financial company which engages in the provision of funding to nonprofit community associations by purchasing its rights under delinquent accounts. The firm’s products include LM funding classic, new neighbor guaranty, and complete protecion plan. It also involves in the business of purchasing delinquent accounts on various terms tailored to suit each association’s financial needs, including under its New Neighbor Guaranty program. The company was founded by Carollinn Gould on January 14, 2008 and is headquartered in Tampa, FL.

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