RF Industries (NASDAQ:RFIL - Get Free Report) had its target price boosted by equities researchers at B. Riley from $6.25 to $9.25 in a report released on Monday, Marketbeat Ratings reports. The brokerage currently has a "buy" rating on the electronics maker's stock. B. Riley's price objective points to a potential upside of 20.29% from the company's current price. B. Riley also issued estimates for RF Industries' Q4 2025 earnings at $0.06 EPS.
Several other equities analysts have also weighed in on the stock. Wall Street Zen raised shares of RF Industries to a "strong-buy" rating in a research note on Friday, July 18th. Zacks Research downgraded shares of RF Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, RF Industries presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.25.
Get Our Latest Analysis on RF Industries
RF Industries Stock Performance
NASDAQ:RFIL traded up $0.13 during midday trading on Monday, reaching $7.69. 126,189 shares of the stock traded hands, compared to its average volume of 94,077. The company has a fifty day moving average of $7.33 and a 200 day moving average of $5.47. The stock has a market capitalization of $82.05 million, a P/E ratio of -386.25 and a beta of 0.88. RF Industries has a 12 month low of $3.39 and a 12 month high of $9.21.
Institutional Investors Weigh In On RF Industries
Large investors have recently modified their holdings of the business. Wealthedge Investment Advisors LLC raised its stake in RF Industries by 171.1% in the 1st quarter. Wealthedge Investment Advisors LLC now owns 58,537 shares of the electronics maker's stock valued at $275,000 after acquiring an additional 36,942 shares during the period. Bailard Inc. acquired a new position in shares of RF Industries in the 1st quarter valued at approximately $126,000. Goldman Sachs Group Inc. bought a new stake in shares of RF Industries during the first quarter worth $56,000. Finally, Heron Bay Capital Management acquired a new stake in shares of RF Industries in the 2nd quarter valued at about $67,000. 23.49% of the stock is currently owned by institutional investors.
About RF Industries
(
Get Free Report)
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.
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