Analyst Price Target Update on LifeLock (NYSE:LOCK)

LifeLock (NYSE:LOCK): 5 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $15.3 in LifeLock (NYSE:LOCK). However, the stock price could fluctuate by $ 1.48 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $18 price target with the lower price estimate is calculated at $14

Many analysts have stated their opinion on the company shares. Wunderlich maintains their rating on the shares of LifeLock (NYSE:LOCK). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $15 per share from $18 per share. The rating by the firm was issued on April 28, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Power Chris G, officer (CHIEF FINANCIAL OFFICER) of Lifelock, Inc., unloaded 21,000 shares at an average price of $14.05 on June 7, 2016. The total amount of the transaction was worth $295,050, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

LifeLock (NYSE:LOCK) : On Monday heightened volatility was witnessed in LifeLock (NYSE:LOCK) which led to swings in the share price. The stock opened for trading at $14.4 and hit $14.635 on the upside , eventually ending the session at $14.53, with a gain of 0.21% or 0.03 points. The heightened volatility saw the trading volume jump to 1,653,772 shares. The 52-week high of the share price is $17.43 and the company has a market cap of $1,367 million. The 52-week low of the share price is at $7.18 .

LifeLock, Inc. is a provider of proactive identity theft protection services for consumers and identity risk assessment and fraud protection services for enterprises. It operates in two segments: consumer segment, which offers offer identity theft protection services to consumers on a monthly or annual subscription basis, and an enterprise segment, which offers consumer risk management services to enterprise customers who pay it based on the monthly volume of transactions with the Company. As of December 31, 2014, the Company served approximately 3.6 million paying members. As of December 31, 2014, the Company served over 300 enterprise customers. The Company offers the LifeLock Wallet mobile application, which allows consumers to replicate and store a digital copy of the personal wallet contents on smart device for records backup, as well as mobile use of items, such as credit, identification, ATM (automated teller machine), insurance, and loyalty cards.

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