EverQuote (EVER) Receives a Buy from Canaccord Genuity

In a report released yesterday, Michael Graham from Canaccord Genuity maintained a Buy rating on EverQuote (EVERResearch Report), with a price target of $65.00. The company’s shares closed last Tuesday at $30.78.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 27.0% and a 65.6% success rate. Graham covers the Technology sector, focusing on stocks such as Uber Technologies, Motorsport Games, and DraftKings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for EverQuote with a $58.75 average price target, a 78.0% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $55.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $63.44 and a one-year low of $31.50. Currently, EverQuote has an average volume of 234.3K.

Based on the recent corporate insider activity of 166 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EVER in relation to earlier this year.

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.

EverQuote, Inc. operates as an online insurance marketplace connecting consumers with insurance providers. It offers car, home and life insurance. The firm’s data and technology platform matches and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. The company was founded by Seth N. Birnbaum, David B. Blundin, and Tomas Revesz in August 1, 2008 and is headquartered in Cambridge, MA.