Jefferies Financial Group Initiates Coverage on Oportun Financial (NASDAQ:OPRT)
Jefferies Financial Group started coverage on shares of Oportun Financial (NASDAQ:OPRT) in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $19.00 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 16.92% from the company’s previous close.
Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. started coverage on Oportun Financial in a report on Monday. They issued an “overweight” rating and a $20.00 target price on the stock. Barclays started coverage on Oportun Financial in a report on Monday. They issued an “overweight” rating and a $21.00 target price on the stock. Finally, Keefe, Bruyette & Woods started coverage on Oportun Financial in a report on Monday. They issued an “outperform” rating and a $20.00 target price on the stock. Five research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus price target of $19.80.
NASDAQ:OPRT opened at $16.25 on Monday. Oportun Financial has a 12-month low of $14.22 and a 12-month high of $17.00.
Oportun Financial Company Profile
Oportun is a high-growth, mission-driven CDFI and provider of inclusive, affordable financial services powered by a deep, data-driven understanding of its customers and advanced proprietary technology. By lending money to hardworking, low-to-moderate-income individuals, Oportun helps them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities.
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