Analysts have been eager to weigh in on the Financial sector with new ratings on Health Insurance Innovations (NASDAQ: HIIQ) and Xenia Hotels & Resorts (NASDAQ: XHR).
Health Insurance Innovations (NASDAQ: HIIQ)
In a report released today, Steven Halper from Cantor Fitzgerald maintained a Buy rating on Health Insurance Innovations (NASDAQ: HIIQ), with a price target of $60. The company’s shares opened today at $32.95.
Halper said:
“Health Insurance Innovations, Inc. (HIIQ) is a web-based developer and distributor of short-term medical plans targeted at the individual and family plan (IFP) market. The company also develops and distributes supplemental insurance products, including pharmacy benefit cards, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans and life insurance policies. Given the increasing premiums of individual exchange-based products, demand for short- term medical and limited indemnity products continues to grow.”
According to TipRanks.com, Halper is a top 100 analyst with an average return of 19.5% and a 71.6% success rate. Halper covers the Services sector, focusing on stocks such as WellCare Health Plans, Tivity Health Inc, and Hms Holdings Corp.
Currently, the analyst consensus on Health Insurance Innovations is Strong Buy and the average price target is $52.50, representing a 59.3% upside.
In a report issued on May 28, Canaccord Genuity also assigned a Buy rating to the stock with a $55 price target.
See today’s analyst top recommended stocks >>
Xenia Hotels & Resorts (NASDAQ: XHR)
In a report released today, Bryan Maher from B.Riley FBR downgraded Xenia Hotels & Resorts (NASDAQ: XHR) to Hold, with a price target of $26. The company’s shares opened today at $25.20, close to its 52-week high of $25.90.
According to TipRanks.com, Maher is a 3-star analyst with an average return of 2.3% and a 61.1% success rate. Maher covers the Financial sector, focusing on stocks such as Government Properties Income Trust, Senior Housing Properties Trust, and NorthStar Realty Europe Corp.
Xenia Hotels & Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $26.50.
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.
