Clear Secure (NYSE:YOU) Earns Outperform Rating from Telsey Advisory Group

Clear Secure (NYSE:YOU)‘s stock had its “outperform” rating reissued by research analysts at Telsey Advisory Group in a research note issued to investors on Friday,Benzinga reports. They presently have a $42.00 price target on the stock. Telsey Advisory Group’s price objective indicates a potential upside of 78.09% from the stock’s current price.

A number of other equities research analysts have also recently weighed in on YOU. Needham & Company LLC reissued a “buy” rating and issued a $45.00 price target on shares of Clear Secure in a research report on Monday, December 16th. Wedbush reissued a “neutral” rating and issued a $26.00 target price (up from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Finally, Stifel Nicolaus lifted their price target on Clear Secure from $24.00 to $32.00 and gave the stock a “hold” rating in a research report on Monday, October 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.20.

Clear Secure Trading Up 5.3 %

YOU stock opened at $23.58 on Friday. The company’s 50 day moving average is $25.12 and its two-hundred day moving average is $28.51. Clear Secure has a twelve month low of $16.05 and a twelve month high of $38.88. The stock has a market cap of $3.29 billion, a P/E ratio of 27.42 and a beta of 1.38.

Institutional Trading of Clear Secure

Several institutional investors and hedge funds have recently added to or reduced their stakes in YOU. Capital Performance Advisors LLP acquired a new stake in shares of Clear Secure in the 3rd quarter worth $26,000. GAMMA Investing LLC raised its holdings in Clear Secure by 221.6% during the fourth quarter. GAMMA Investing LLC now owns 1,119 shares of the company’s stock worth $30,000 after purchasing an additional 771 shares in the last quarter. Huntington National Bank acquired a new stake in Clear Secure in the fourth quarter valued at about $35,000. SRS Capital Advisors Inc. boosted its holdings in Clear Secure by 56.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company’s stock valued at $57,000 after purchasing an additional 766 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL increased its position in Clear Secure by 113,800.0% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 2,278 shares of the company’s stock worth $61,000 after purchasing an additional 2,276 shares during the period. 73.80% of the stock is owned by hedge funds and other institutional investors.

About Clear Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.