Oppenheimer Releases a Hold Rating on Conn’s (CONN)

Oppenheimer analyst Brian Nagel assigned a Hold rating to Conn’s (CONNResearch Report) today. The company’s shares closed last Tuesday at $8.87.

According to TipRanks.com, Nagel is a top 100 analyst with an average return of 18.1% and a 73.7% success rate. Nagel covers the Consumer Goods sector, focusing on stocks such as Dick’s Sporting Goods, Lululemon Athletica, and The Lovesac Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conn’s with a $7.17 average price target.

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The company has a one-year high of $27.57 and a one-year low of $2.83. Currently, Conn’s has an average volume of 1.14M.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CONN 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.

Conn’s, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. It also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. The firm operates through the Retail and Credit segments. The Retail segment sells home appliances to the retail market; and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories. The Credit segment provides in-house consumer credit programs that offer standardized credit decisions, including down payment, limit amounts, and credit terms. The company was founded by Edward Eastham in 1890 and is headquartered in The Woodlands, TX.