.jpg "Oppenheimer Keeps a Hold Rating on Roku Inc")
Oppenheimer analyst Jason Helfstein maintained a Hold rating on Roku Inc (NASDAQ: ROKU) today. The company’s shares opened today at $34.44.
According to TipRanks.com, Helfstein is a top 100 analyst with an average return of 18.4% and a 68.4% success rate. Helfstein covers the Technology sector, focusing on stocks such as Endurance International, ANGI Homeservices Inc, and IAC/InterActiveCorp.
Currently, the analyst consensus on Roku Inc is Moderate Buy and the average price target is $39.17, representing a 13.7% upside.
In a report issued on May 1, D.A. Davidson also initiated coverage with a Hold rating on the stock with a $30 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $58.80 and a one-year low of $15.75. Currently, Roku Inc has an average volume of 5.24M.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative 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.
Roku Inc. engages in the provision of a streaming platform for television. It operates through the following business segments: Player and Platform. The Player segment consists of net sales of streaming media players and accessories through retailers and distributors, as well as directly to customers through the company’s website.
Read More on ROKU:
