Goosehead Insurance (NASDAQ:GSHD) Given New $127.00 Price Target at Keefe, Bruyette & Woods

Goosehead Insurance (NASDAQ:GSHD) had its price target boosted by Keefe, Bruyette & Woods from $110.00 to $127.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 3.72% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the company. TD Cowen lifted their price target on Goosehead Insurance from $94.00 to $130.00 and gave the company a “hold” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. lifted their target price on Goosehead Insurance from $77.00 to $90.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Truist Financial reissued a “hold” rating and issued a $90.00 price target (up previously from $80.00) on shares of Goosehead Insurance in a research note on Tuesday. Bank of America raised their price target on Goosehead Insurance from $39.00 to $43.00 and gave the company an “underperform” rating in a report on Tuesday. Finally, BMO Capital Markets upped their price objective on shares of Goosehead Insurance from $90.00 to $120.00 and gave the stock a “market perform” rating in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Goosehead Insurance currently has a consensus rating of “Hold” and a consensus target price of $105.10.

Goosehead Insurance Trading Up 15.9 %

Shares of NASDAQ:GSHD opened at $122.45 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 37.70. The company’s 50-day moving average price is $107.74 and its 200 day moving average price is $103.00. The company has a market cap of $4.54 billion, a PE ratio of 170.07, a P/E/G ratio of 5.17 and a beta of 1.43. Goosehead Insurance has a fifty-two week low of $50.47 and a fifty-two week high of $130.39.

Institutional Investors Weigh In On Goosehead Insurance

Hedge funds and other institutional investors have recently bought and sold shares of the business. R Squared Ltd bought a new position in shares of Goosehead Insurance during the 4th quarter valued at about $39,000. Blue Trust Inc. lifted its stake in Goosehead Insurance by 567.6% during the third quarter. Blue Trust Inc. now owns 474 shares of the company’s stock valued at $42,000 after purchasing an additional 403 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Goosehead Insurance during the third quarter worth approximately $63,000. Kestra Investment Management LLC acquired a new position in Goosehead Insurance in the fourth quarter worth approximately $63,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Goosehead Insurance by 462.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 619 shares of the company’s stock valued at $64,000 after buying an additional 509 shares in the last quarter.

Goosehead Insurance Company Profile

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.