Credit Suisse (SIX:CSGN) analyst Jailendra Singh maintained a Buy rating on SelectQuote Inc on Thursday, setting a price target of $38, which is approximately 98.02% above the present share price of $19.19.
Singh expects SelectQuote Inc to post earnings per share (EPS) of $0.15 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in SelectQuote, with an average price target of $32.
The analysts price targets range from a high of $38 to a low of $29.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $148.6 million and a net profit of $40.44 million. The company's market cap is $3.24 billion.
According to TipRanks.com, Credit Suisse analyst Jailendra Singh is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.2% and a 42.86% success rate.
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQoute Auto & Home.