Pagaya Technologies Ltd (PGY) Shares Gap Down to $12.04 on Sep 23

Shares of Pagaya Technologies Ltd (PGY, Financial) fell 2.35% in mid-day trading on Sep 23. The stock reached an intraday low of $11.93, before recovering slightly to $12.04, down from its previous close of $12.33. This places PGY 41.27% below its 52-week high of $20.50 and 40.65% above its 52-week low of $8.56. Trading volume was 315,239 shares, 28.2% of the average daily volume of 1,115,976.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 7 analysts, the average target price for Pagaya Technologies Ltd (PGY, Financial) is $24.86 with a high estimate of $48.00 and a low estimate of $13.00. The average target implies an upside of 106.45% from the current price of $12.04. More detailed estimate data can be found on the Pagaya Technologies Ltd (PGY) Forecast page.

Based on the consensus recommendation from 9 brokerage firms, Pagaya Technologies Ltd's (PGY, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.