Guggenheim analyst Jeff Cantwell reiterated a Buy rating on Green Dot (NYSE: GDOT) yesterday and set a price target of $88. The company’s shares opened today at $77.44.
According to TipRanks.com, Cantwell is a 4-star analyst with an average return of 14.0% and a 75.9% success rate. Cantwell covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, American Express, and Mastercard.
Currently, the analyst consensus on Green Dot is a Moderate Buy with an average price target of $87, implying a 12.3% upside from current levels. In a report released today, Jefferies also reiterated a Buy rating on the stock with a $92 price target.
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Green Dot’s market cap is currently $4.18B and has a P/E ratio of 37.53. The company has a Price to Book ratio of 5.
Based on the recent corporate insider activity of 142 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Jess Unruh, the CAO of GDOT sold 31,043 shares for a total of $2,216,912.
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.
Green Dot Corp. is a pro-consumer bank holding company and financial technology innovator, which engages in the provision of prepaid cards, debit cards, checking accounts, secured credit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services.
