Life360, Inc. (NASDAQ:LIF) Receives Average Recommendation of “Buy” from Analysts

Shares of Life360, Inc. (NASDAQ:LIF) have been given a consensus recommendation of “Buy” by the seven research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $37.14.

A number of research analysts have recently weighed in on LIF shares. JMP Securities started coverage on Life360 in a report on Thursday, June 20th. They set an “outperform” rating and a $38.00 price target on the stock. Canaccord Genuity Group raised Life360 to a “strong-buy” rating in a research note on Monday, June 17th. Evercore ISI raised shares of Life360 to a “strong-buy” rating and set a $37.00 price target for the company in a research report on Monday, June 17th. Stifel Nicolaus assumed coverage on shares of Life360 in a report on Tuesday, July 2nd. They set a “buy” rating and a $37.00 price target for the company. Finally, UBS Group upgraded shares of Life360 to a “hold” rating and set a $32.00 price objective on the stock in a research note on Monday, June 17th.

Life360 Price Performance

Life360 stock opened at $33.45 on Monday. Life360 has a 52 week low of $26.00 and a 52 week high of $36.07.

About Life360

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.