Mogo Finance Technology (MOGO) Gets a Hold Rating from Canaccord Genuity

By Jason Carr

Canaccord Genuity analyst Doug Taylor maintained a Hold rating on Mogo Finance Technology (MOGOResearch Report) yesterday and set a price target of C$14.00. The company’s shares closed last Tuesday at $10.63, close to its 52-week high of $12.29.

Taylor has an average return of 300.4% when recommending Mogo Finance Technology.

According to TipRanks.com, Taylor is ranked #157 out of 7399 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mogo Finance Technology with a $11.74 average price target.

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The company has a one-year high of $12.29 and a one-year low of $0.57. Currently, Mogo Finance Technology has an average volume of 3.33M.

Based on the recent corporate insider activity of 20 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 MOGO 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.

Difference Capital Financial, Inc. is a venture capital company, which engages in investing in growth companies. Its portfolio inludes financial technologies, internet, media and media technologies, technologies, healthcare, and other. The company was founded by Henry Kneis, Paul D. Sparkes, and Michael A. Wekerle on January 14, 1972 and is headquartered in Toronto, Canada.