Conn’s Inc (NASDAQ:CONN) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For Conn’s Inc (NASDAQ:CONN)

Today, Jefferies Financial Group initiated coverage on Conn’s Inc (NASDAQ:CONN) with a Buy.

There are 7 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Conn’s Inc (NASDAQ:CONN) is Buy with a consensus target price of $41.40 per share, a potential 22.30% upside.

Some recent analyst ratings include

  • 8/16/2018-Conn’s Inc (NASDAQ:CONN) has coverage initiated with a Buy rating
  • 7/10/2018-Conn’s Inc (NASDAQ:CONN) gets upgraded to Buy by Stifel Nicolaus with a price target of $45.00
  • 12/13/2017-Conn’s Inc (NASDAQ:CONN) had its Buy rating reiterated by Oppenheimer
  • 10/19/2017-Conn’s Inc (NASDAQ:CONN) had its Buy rating reiterated by SunTrust Banks with a $33.00 price target
  • 9/29/2017-Conn’s Inc (NASDAQ:CONN) gets upgraded to Outperform by UBS Group

Recent Insider Trading Activity For Conn’s Inc (NASDAQ:CONN)
Conn’s Inc (NASDAQ:CONN) has insider ownership of 3.34% and institutional ownership of 68.34%.

  • On 7/18/2018 Bob L Martin, Director, sold 8,000 with an average share price of $37.50 per share and the total transaction amounting to $300,000.00.
  • On 7/13/2018 Bob L Martin, Director, sold 6,000 with an average share price of $37.74 per share and the total transaction amounting to $226,440.00.
  • On 6/13/2018 Todd Renaud, VP, sold 1,000 with an average share price of $36.75 per share and the total transaction amounting to $36,750.00.
  • On 4/10/2018 George L Bchara, CAO, bought 7,390 with an average share price of $27.41 per share and the total transaction amounting to $202,559.90.
  • On 4/9/2018 Brian Daly, Insider, bought 5,100 with an average share price of $27.87 per share and the total transaction amounting to $142,137.00.
  • On 12/18/2017 Anchorage Capital Group, L.L.C, Major Shareholder, sold 1,600,000 with an average share price of $34.05 per share and the total transaction amounting to $54,480,000.00.
  • On 12/11/2017 David Schofman, Director, bought 1,000 with an average share price of $32.20 per share and the total transaction amounting to $32,200.00.

About Conn’s Inc (NASDAQ:CONN)
Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. The company operates through two segments, Retail and Credit. Its stores provide furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges; consumer electronics comprising televisions, Blu-ray players, home theaters, and portable audio equipment; and home office products consisting of computers, printers, and accessories. The company also provides short- and medium-term financing to its retail customers; and product support services, such as next-day delivery and installation services, credit insurance products, product repair services, and repair service agreements. As of April 5, 2018, it operated 118 retail locations in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Conn's, Inc. was founded in 1890 and is headquartered in The Woodlands, Texas.

Recent Trading Activity for Conn’s Inc (NASDAQ:CONN)
Shares of Conn’s Inc closed the previous trading session at 33.85 −1.55 4.38% with 35.1 shares trading hands.