In a report issued on August 6, Mark Palmer from BTIG maintained a Buy rating on Verra Mobility Corporation (VRRM – Research Report), with a price target of $18. The company’s shares closed yesterday at $13.69.
According to TipRanks.com, Palmer is a top 100 analyst with an average return of 15.4% and a 69.0% success rate. Palmer covers the Financial sector, focusing on stocks such as Repay Holdings Corp, Genworth Financial, and LendingClub Corp.
Verra Mobility Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $16.13.
The company has a one-year high of $15.07 and a one-year low of $9. Currently, Verra Mobility Corporation has an average volume of 1.31M.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock.
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Verra Mobility Corp. engages in the provision of smart mobility technology solutions and services. It operates through the Government Solutions and Commercial Services segments. The Government Solutions segment delivers traffic law enforcement services and products to state and local governments.