BMO Capital analyst James Fotheringham reiterated a Hold rating on Ebix Inc (EBIX) on November 9 and set a price target of $75. The company’s shares closed yesterday at $51.08, close to its 52-week low of $50.58.
According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 13.4% and a 71.3% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Focus Financial Partners Inc, Corporate Capital Trust Inc, and Goldman Sachs Group Inc.
Currently, the analyst consensus on Ebix Inc is a Moderate Buy with an average price target of $99.33.
See today’s analyst top recommended stocks >>
The company has a one-year high of $89.10 and a one-year low of $50.58. Currently, Ebix Inc has an average volume of 309.2K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is neutral on the stock.
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.
Ebix, Inc. engages in the provision of software and e-commerce services to the insurance, finance, and healthcare industries. It operates through the following products and services: Exchanges; Broker P&C Systems; Risk Compliance Solutions; and Carrier P&C systems.
