Conn’s Receives a Buy from Oppenheimer


Oppenheimer analyst Brian Nagel maintained a Buy rating on Conn’s (NASDAQ: CONN) today. The company’s shares opened today at $35.95, close to its 52-week high of $37.95.

According to TipRanks.com, Nagel is a 5-star analyst with an average return of 8.2% and a 65.4% success rate. Nagel covers the Services sector, focusing on stocks such as Restoration Hardware Holdings Inc, Dick’s Sporting Goods, and Advance Auto Parts.

Conn’s has an analyst consensus of Strong Buy, with a price target consensus of $42.

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Conn’s’ market cap is currently $1.15B and has a P/E ratio of 53.31. The company has a Price to Book ratio of 2.08.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CONN in relation to earlier this year. Earlier this month, Bob Martin, a Director at CONN bought 10,000 shares for a total of $169,300.

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.

Conn’s, Inc. is holding company, which engages in the retail and provision of consumer goods and related services in addition to proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. It operates through the Retail and Credit segments.

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