Oddity Tech Ltd. (NASDAQ:ODD – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $53.00.
A number of research analysts have commented on the company. KeyCorp boosted their price objective on Oddity Tech from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. assumed coverage on Oddity Tech in a research report on Friday, January 31st. They set an “overweight” rating and a $55.00 target price on the stock. Barclays boosted their price objective on Oddity Tech from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Thursday, February 27th. Morgan Stanley boosted their price objective on Oddity Tech from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, Bank of America boosted their price objective on Oddity Tech from $50.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, February 27th.
Check Out Our Latest Stock Analysis on ODD
Institutional Investors Weigh In On Oddity Tech
Hedge funds have recently bought and sold shares of the company. Mark Sheptoff Financial Planning LLC acquired a new position in Oddity Tech in the fourth quarter worth about $42,000. R Squared Ltd bought a new position in Oddity Tech in the fourth quarter valued at approximately $61,000. Wilmington Savings Fund Society FSB bought a new position in Oddity Tech in the third quarter valued at approximately $99,000. Quarry LP bought a new position in shares of Oddity Tech during the third quarter worth $122,000. Finally, Wells Fargo & Company MN boosted its position in shares of Oddity Tech by 17.6% during the fourth quarter. Wells Fargo & Company MN now owns 2,999 shares of the company’s stock worth $126,000 after purchasing an additional 449 shares in the last quarter. 35.88% of the stock is currently owned by institutional investors.
Oddity Tech Trading Up 4.4 %
Shares of Oddity Tech stock opened at $44.30 on Wednesday. Oddity Tech has a twelve month low of $30.34 and a twelve month high of $51.00. The stock has a market capitalization of $2.47 billion, a P/E ratio of 27.01, a PEG ratio of 1.48 and a beta of 4.20. The business’s fifty day moving average price is $44.37 and its 200 day moving average price is $42.24.
Oddity Tech Company Profile
Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.
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