Barrington analyst Alexander Paris reiterated a Buy rating on Ladenburg Thalmann Financial (LTS) on November 8 and set a price target of $4.75. The company’s shares closed on Friday at $2.88.
According to TipRanks.com, Paris is a 4-star analyst with an average return of 8.0% and a 56.7% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, American Public Education, and Franklin Covey Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ladenburg Thalmann Financial with a $4.75 average price target.
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Based on the recent corporate insider activity of 70 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 LTS in relation to earlier this year. Most recently, in September 2018, Phillip Frost, a Major Shareholder at LTS bought 600,000 shares for a total of $948,000.
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.
Ladenburg Thalmann Financial Services, Inc. is a holding company, which engages in investment banking and research, institutional sales and trading, asset management services, wholesale life insurance brokerage and trust services through its principal subsidiaries.
