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R1 RCM (RCM) Stock Forecast & Price Target

$13.00
+0.09 (+0.70%)
(As of 07/26/2024 ET)

R1 RCM - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for R1 RCM in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 6 have given a hold rating, and 9 have given a buy rating for RCM.

Consensus Price Target

$16.00
23.03% Upside
High Forecast$20.00
Average Forecast$16.00
Low Forecast$11.00

According to the 15 analysts' twelve-month price targets for R1 RCM, the average price target is $16.00. The highest price target for RCM is $20.00, while the lowest price target for RCM is $11.00. The average price target represents a forecasted upside of 23.03% from the current price of $13.01.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
12 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.00$15.83$16.87$18.29
Forecasted Upside23.03% Upside24.26% Upside25.80% Upside39.34% Upside
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RCM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RCM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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R1 RCM Stock vs. The Competition

TypeR1 RCMBusiness Services CompaniesS&P 500
Consensus Rating Score
2.60
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside23.03% Upside127.95% Upside9.18% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024Canaccord Genuity Group
1 of 5 stars
 Reiterated RatingBuy ➝ Buy$15.00 ➝ $15.00+12.87%
7/9/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Boost TargetHold ➝ Hold$14.00 ➝ $16.00+24.03%
7/8/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingOverweight ➝ Overweight$17.00 ➝ $17.00+36.88%
7/2/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Outperform$18.00 ➝ $18.00+69.17%
7/2/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$20.00 ➝ $20.00+85.87%
6/28/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$19.00 ➝ $19.00+52.00%
4/10/2024KeyCorp
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 Reiterated RatingOverweight ➝ Sector Weight
4/5/2024Guggenheim
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 Lower TargetBuy ➝ Buy$17.00 ➝ $15.00+18.39%
4/1/2024Truist Financial
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 Reiterated RatingHold ➝ Hold$16.00+24.22%
3/20/2024Citigroup
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 UpgradeNeutral ➝ Buy$16.00+22.23%
2/28/2024Evercore ISI
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 Reiterated RatingOutperform ➝ In-Line$12.00 ➝ $16.00+9.74%
2/28/2024Barclays
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 Reiterated RatingOverweight ➝ Equal Weight$14.00-3.98%
2/26/2024Leerink Partnrs
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M. Cherny
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Reiterated RatingOutperform
2/26/2024SVB Leerink
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 Initiated CoverageOutperform$14.00+26.13%
12/13/2023JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$20.00 ➝ $11.00+8.70%
6/16/2023Jefferies Financial Group
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 Boost Target$20.00 ➝ $22.00+29.49%
5/19/2023Bank of America
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 Boost Target$19.00 ➝ $22.00+31.11%
4/11/2023Stephens
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 Initiated CoverageOverweight$18.00+18.58%
11/14/2022Cowen
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 Lower Target$34.00 ➝ $25.00+192.40%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:44 AM ET.

RCM Forecast - Frequently Asked Questions

What is R1 RCM's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for R1 RCM is $16.00, with a high forecast of $20.00 and a low forecast of $11.00.

Should I buy or sell R1 RCM stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for R1 RCM in the last twelve months. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RCM shares.

Does R1 RCM's stock price have much upside?

According to analysts, R1 RCM's stock has a predicted upside of 28.11% based on their 12-month stock forecasts.

What analysts cover R1 RCM?

R1 RCM has been rated by research analysts at Canaccord Genuity Group, Cantor Fitzgerald, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Robert W. Baird, and Royal Bank of Canada in the past 90 days.

Do Wall Street analysts like R1 RCM more than its competitors?

Analysts like R1 RCM less than other "business services" companies. The consensus rating score for R1 RCM is 2.60 while the average consensus rating score for "business services" companies is 2.64. Learn more on how RCM compares to other companies.


This page (NASDAQ:RCM) was last updated on 7/27/2024 by MarketBeat.com Staff

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