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Robinhood Markets (HOOD) Receives a Buy from Mizuho Securities

Mizuho Securities analyst Dan Dolev maintained a Buy rating on Robinhood Markets (HOODResearch Report) on March 11 and set a price target of $19.00. The company’s shares closed last Monday at $10.62, close to its 52-week low of $9.93.

According to TipRanks.com, Dolev is a 1-star analyst with an average return of -0.5% and a 46.5% success rate. Dolev covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Coinbase Global.

Robinhood Markets has an analyst consensus of Hold, with a price target consensus of $19.00.

See today’s best-performing stocks on TipRanks >>

Robinhood Markets’ market cap is currently $9.57B and has a P/E ratio of -2.55.

Based on the recent corporate insider activity of 137 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 HOOD 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.

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

Read More on HOOD:

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