EverQuote (EVER) Gets a Buy Rating from Oppenheimer

By Carrie Williams

In a report released today, Jed Kelly from Oppenheimer assigned a Buy rating to EverQuote (EVERResearch Report), with a price target of $70.00. The company’s shares closed last Monday at $44.53.

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 14.6% and a 54.8% success rate. Kelly covers the Technology sector, focusing on stocks such as Rush Street Interactive, DraftKings, and CarGurus.

Currently, the analyst consensus on EverQuote is a Strong Buy with an average price target of $62.00, a 27.3% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $65.00 price target.

See today’s analyst top recommended stocks >>

EverQuote’s market cap is currently $1.34B and has a P/E ratio of -152.20. The company has a Price to Book ratio of 24.35.

Based on the recent corporate insider activity of 163 insiders, corporate insider sentiment is neutral on the stock.

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.