Barclays analyst Ross Sandler maintained a Hold rating on Robinhood Markets (HOOD – Research Report) on April 28 and set a price target of $10.00. The company’s shares closed last Friday at $9.81, close to its 52-week low of $9.26.
According to TipRanks.com, Sandler is a 5-star analyst with an average return of 11.1% and a 60.4% success rate. Sandler covers the Technology sector, focusing on stocks such as NerdWallet, Inc. Class A, Uber Technologies, and Alphabet Class A.
Robinhood Markets has an analyst consensus of Hold, with a price target consensus of $15.50, a 71.3% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $10.00 price target.
The company has a one-year high of $85.00 and a one-year low of $9.26. Currently, Robinhood Markets has an average volume of 21.74M.
Based on the recent corporate insider activity of 148 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.
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