Hyrecar Inc (HYRE) Receives a Buy from Maxim Group

In a report released yesterday, Jack Vander Aarde from Maxim Group maintained a Buy rating on Hyrecar Inc (HYREResearch Report), with a price target of $7.00. The company’s shares closed last Monday at $2.26, close to its 52-week low of $1.54.

According to TipRanks.com, Aarde is ranked #3463 out of 5545 analysts.

Hyrecar Inc has an analyst consensus of Strong Buy, with a price target consensus of $8.00.

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The company has a one-year high of $8.03 and a one-year low of $1.54. Currently, Hyrecar Inc has an average volume of 262.8K.

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HyreCar, Inc. engages in the operation of a peer-to-peer car-sharing marketplace. Its services allow car owners to rent their idle cars to ridesharing service drivers. The company was founded by Anshu Bansal and Abhishek Arora in July 2014 and is headquartered in Los Angeles, CA.