Do Analysts Expect Lemonade Inc (LMND) Stock to Rise After It Is Higher By 2.59% in a Month?

Wall Street is positive on Lemonade Inc (LMND). On average, analysts give the stock a Hold rating. The average price target is $18.125, which means analysts expect the stock to rise by 4.17% over the next twelve months. That average ranking earns the stock an Analyst Rating of 4, which is better than 4% 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!

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Lemonade Inc Stock Today?

Lemonade Inc (LMND) stock is higher by 3.14% while the S&P 500 is lower by -0.14% as of 11:50 AM on Wednesday, Mar 13. LMND has gained $0.53 from the previous closing price of $16.87 on volume of 762,562 shares. Over the past year the S&P 500 is up 31.86% while LMND has gained 26.91%. LMND lost -$3.40 per share the over the last 12 months. Click Here to get the full Stock Report for Lemonade Inc stock.