Lemonade, Inc. ( NYSE:LMND – Get Free Report ) has earned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $63.50.
Several equities analysts recently commented on the company. Keefe, Bruyette & Woods upgraded Lemonade from an “underperform” rating to a “market perform” rating and set a $48.00 target price for the company in a research report on Thursday, July 30th. Piper Sandler reduced their target price on shares of Lemonade from $75.00 to $51.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Wall Street Zen raised shares of Lemonade from a “sell” rating to a “hold” rating in a report on Saturday, September 19th. Morgan Stanley lowered their target price on shares of Lemonade from $56.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating...