Is EverQuote (NYSE:EVER) a Sell? What does Canaccord Genuity Think?

July 23, 2018 - By Lawrence Diaz

Why Has Canaccord Genuity Given EverQuote (NYSE:EVER) a $23 Price Target

Analysts at Canaccord Genuity has begun coverage on shares of EverQuote (NYSE:EVER) in a research note shared with investors and clients on Monday, 23 July. The broker set “Buy” rating on the $443.23M market cap company.

The stock increased 1.71% or $0.3 during the last trading session, reaching $17.87. About 110,491 shares traded. EverQuote, Inc. (NYSE:EVER) has 0.00% since July 23, 2017 and is . It has underperformed by 12.57% the S&P500.

EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company has market cap of $443.23 million. The company's online marketplace offers clients shopping for auto, home, and life insurance quotes. It currently has negative earnings. It serves carriers, agents, financial advisors, and indirect distributors and aggregators.

More notable recent EverQuote, Inc. (NASDAQ:EVER) news were published by: Benzinga.com which released: “The IPO Outlook For The Week: Shipping, Medtech, Mobility And Retail” on June 24, 2018, also Gurufocus.com with their article: “Weekly CFO Buys Highlight” published on July 09, 2018, Seekingalpha.com published: “EverQuote Proposes Terms For $75 Million IPO” on June 24, 2018. More interesting news about EverQuote, Inc. (NASDAQ:EVER) were released by: Seekingalpha.com and their article: “EverQuote IPO: Still Priced For Gains” published on July 01, 2018 as well as Streetinsider.com‘s news article titled: “Canaccord Genuity Starts EverQuote (EVER) at Buy” with publication date: July 23, 2018.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>