Canaccord Genuity reported on Lifelock Inc (NYSE:LOCK), upping its target price to $24.00 today
- Updated: November 27, 2016
Lifelock Inc (NYSE:LOCK) had its stock price target increased to $24.00 by Canaccord Genuity in a report issued 11/22/2016. The updated price target suggests doubtful upside the company's previous stock price.
On 11/21/2016, Dougherty & Company released a statement about Lifelock Inc (NYSE:LOCK) upped the target price from $0.00 to $24.00 that suggested an upside of 0.01%.
Having a price of $23.90, Lifelock Inc (NYSE:LOCK) traded 0.42% higher on the day. With the last stock price up 47.53% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. LOCK has recorded a 50-day average of $18.33 and a two hundred day average of $16.23. Volume of trade was down over the average, with 1,255,326 shares of LOCK changing hands under the typical 1,874,180
With a total market value of $0, Lifelock Inc has price-earnings ratio of 125.34 with a one year low of $9.14 and a one year high of $23.99 .
A total of 7 equity analysts have released a ratings update on LOCK. Two equity analysts rating the company a strong buy, three equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $16.50.
Brief Synopsis About Lifelock Inc (NYSE:LOCK)
LifeLock, Inc. provides proactive identity theft protection services for consumers and consumer risk management services for enterprises. The Company monitors certain identity-related events, such as new account openings and credit-related applications. It operates in two segments: consumer segment and an enterprise segment. The Company's LifeLock ecosystem combines data repositories of personally identifiable information and consumer transactions, predictive analytics and a technology platform. It applies predictive analytics to the data in its repositories to provide its members and enterprise customers' actionable intelligence that helps protect against identity theft and identity fraud. It offers its consumer services on a monthly or annual subscription basis. It provides consumer risk management services, including delivering its on-demand identity risk, identity-authentication and credit information about consumers to its enterprise customers in the daily transaction flows.
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