Credit Suisse (SIX:CSGN) analyst Erin Wright maintained a Buy rating on SmileDirectClub (NASDAQ:SDC) Inc on Wednesday, setting a price target of $11, which is approximately 22.91% above the present share price of $8.95.
Wright expects SmileDirectClub Inc to post earnings per share (EPS) of -$0.28 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in SmileDirectClub, with an average price target of $9.5.
The analysts price targets range from a high of $14 to a low of $6.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $196.65 million and a net profit of -$96.48 million. The company's market cap is $3.59 billion.
According to TipRanks.com, Credit Suisse analyst Erin Wright is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.3% and a 69.09% success rate.
SmileDirectClub, Inc. provides dental services. Its clear aligner treatment addresses the large and underserved global orthodontics market. The company was founded by Alexander Fenkell and Jordan Katzman in 2014 and is headquartered in Nashville, TN.