Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) Price Target Raised to $27.00 at Barclays

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) had its price target hoisted by stock analysts at Barclays from $20.00 to $27.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price target points to a potential downside of 13.49% from the company’s current price.

Several other research analysts have also recently commented on LIFE. Citizens Jmp upped their target price on shares of Ethos Technologies Inc. Class A Common Stock from $21.00 to $27.00 and gave the stock a “market outperform” rating in a research report on Thursday. Weiss Ratings began coverage on Ethos Technologies Inc. Class A Common Stock in a report on Wednesday, April 22nd. They set a “hold (c-)” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $27.00.

Ethos Technologies Inc. Class A Common Stock Trading Up 2.0%

LIFE stock traded up $0.62 during mid-day trading on Friday, reaching $31.21. The company had a trading volume of 227,476 shares, compared to its average volume of 512,021. Ethos Technologies Inc. Class A Common Stock has a one year low of $9.45 and a one year high of $32.50.

Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). The firm had revenue of $193.10 million for the quarter, compared to analyst estimates of $144.76 million. Ethos Technologies Inc. Class A Common Stock’s revenue for the quarter was up 103.5% on a year-over-year basis.

About Ethos Technologies Inc. Class A Common Stock

Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.