Goldman Sachs Sticks to Its Sell Rating for loanDepot (LDI)
In a report released today, from Goldman Sachs maintained a Sell rating on loanDepot, with a price target of $3.00. The company’s shares closed yesterday at $3.42.
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loanDepot has an analyst consensus of Moderate Sell, with a price target consensus of $2.50.
LDI market cap is currently $1.13B and has a P/E ratio of -10.11.
Based on the recent corporate insider activity of 107 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 LDI in relation to earlier this year. Last month, PCP MANAGERS GP, LLC, a Director at LDI sold 1,322,266.00 shares for a total of $5,952,443.16.
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