Analysts who follow Lemonade Inc (LMND) on average expect it to gain 5.66% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns the stock an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating LMND a Hold today. Find out what this means to you and get the rest of the rankings on LMND!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Lemonade Inc Stock Today?
Lemonade Inc (LMND) stock is trading at $16.72 as of 11:50 AM on Wednesday, Nov 22, a gain of $0.70, or 4.38% from the previous closing price of $16.02. The stock has traded between $16.15 and $16.81 so far today. Volume today is less active than usual. So far 574,314 shares have traded compared to average volume of 2,084,233 shares.
Click Here to get the full Stock Report for Lemonade Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
