KeyBanc analyst Brent Bracelin maintained a Buy rating on MINDBODY (MB) today and set a price target of $38. The company’s shares closed yesterday at $32.63.
According to TipRanks.com, Bracelin is a top 100 analyst with an average return of 19.8% and a 70.3% success rate. Bracelin covers the Technology sector, focusing on stocks such as Tyler Technologies, Salesforce.com, and Everbridge Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MINDBODY with a $40.60 average price target, representing a 24.4% upside. In a report issued on October 31, Roth Capital also maintained a Buy rating on the stock with a $44 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $45.50 and a one-year low of $28.70. Currently, MINDBODY has an average volume of 714.1K.
Based on the recent corporate insider activity of 68 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.
MINDBODY, Inc. enganges in cloud based business management software and payments platform. It provides the following solutions: client scheduling and online booking, staff management, client relationship management, integrated software and payments, retail point-of-sale, analytics and reporting, simple and intuitive user experience, mobility, social integration, dynamic cloud-based architecture, open platform for third party application development, security and compliance, and integration with other cloud-based partners. The company was founded by Robert Murphy and Richard L. Stollmeyer in 1998 and is headquartered in San Luis Obispo, CA.
