Analyst Rating Update on LifeLock (LOCK)

LifeLock (NYSE:LOCK) : 2 brokerage houses believe that LifeLock (NYSE:LOCK) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on LifeLock (NYSE:LOCK). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

LifeLock (NYSE:LOCK) : The consensus price target for LifeLock (NYSE:LOCK) is $15.7 for the short term with a standard deviation of $1.92. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $18, however, the pessimist price target for the company is $14.

For the current week, the company shares have a recommendation consensus of Buy. Also, Wunderlich maintains its view on LifeLock (NYSE:LOCK) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Wunderlich lowers the price target from $18 per share to $15 per share on LifeLock . The rating by the firm was issued on April 28, 2016.

LifeLock (NYSE:LOCK): stock turned positive on Tuesday. Though the stock opened at $14.98, the bulls momentum made the stock top out at $15.14 level for the day. The stock recorded a low of $14.8 and closed the trading day at $15.06, in the green by 1.83%. The total traded volume for the day was 1,316,810. The stock had closed at $14.79 in the previous days trading.

In an insider trading activity,The officer (CHIEF FINANCIAL OFFICER) of Lifelock, Inc., Power Chris G sold 4,500 shares at $16 on June 17, 2016. The Insider selling transaction had a total value worth of $72,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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