Wall Street is positive on Lemonade Inc (LMND). On average, analysts give Lemonade Inc a Buy rating. The average price target is $32.071, which means analysts expect the stock to add by 57.37% over the next twelve months.
That average ranking earns Lemonade Inc an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating LMND a Buy today. Find out what this means to you and get the rest of the rankings on LMND!
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 trading at $20.38 as of 3:43 PM on Friday, Jun 24, an increase of $0.58, or 2.93% from the previous closing price of $19.80. The stock has traded between $19.72 and $20.75 so far today. Volume today is less active than usual. So far 792,369 shares have traded compared to average volume of 1,075,399 shares.
Click Here to get the full Stock Report for Lemonade Inc stock.