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Red Hat Price Target & Analyst Ratings (NYSE:RHT)

Notice: This company has been marked as potentially delisted and may not be actively trading.
$187.71
0.00 (0.00 %)
(As of 07/8/2019)
Today's Range
$187.60
Now: $187.71
$187.81
50-Day Range
$187.71
MA: $187.71
$187.76
52-Week Range
$115.31
Now: $187.71
$189.14
Volume999,351 shs
Average Volume1.59 million shs
Market Capitalization$33.43 billion
P/E Ratio67.28
Dividend YieldN/A
Beta0.45

Analyst Ratings

Red Hat (NYSE:RHT) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
1 Wall Street analysts have issued ratings and price targets for Red Hat in the last 12 months. Their average twelve-month price target is $188.30, suggesting that the stock has a possible upside of 0.31%. The high price target for RHT is $188.30 and the low price target for RHT is $188.30. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyHold
Consensus Rating Score: 2.002.002.502.37
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
12 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $188.30$188.30$189.15$178.46
Price Target Upside: 0.31% upside0.31% upside0.77% upside4.93% downside

Red Hat (NYSE:RHT) Consensus Price Target History

Average Share Price and Price Target 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.

Red Hat (NYSE:RHT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/11/2019Robert W. BairdReiterated RatingNot RatedN/A
6/21/2019William BlairDowngradeOutperform ➝ Market Perform$188.30Low
12/10/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$186.00 ➝ $190.00Low
11/5/2018Needham & Company LLCDowngradeBuy ➝ HoldLow
10/30/2018NomuraDowngradeBuy ➝ Hold$175.00 ➝ $190.00High
10/30/2018CitigroupDowngradeBuy ➝ Neutral$163.00 ➝ $190.00High
10/29/2018Royal Bank of CanadaBoost Price Target$190.00Low
10/29/2018Jefferies Financial GroupBoost Price TargetHold ➝ Hold$140.00 ➝ $190.00High
10/29/2018Northland SecuritiesDowngradeOutperform ➝ Market PerformHigh
10/29/2018Credit Suisse GroupSet Price TargetNeutral ➝ Hold$150.00 ➝ $190.00High
10/29/2018Deutsche BankDowngradeBuy ➝ Hold$170.00 ➝ $190.00High
10/29/2018Stifel NicolausDowngradeBuy ➝ Hold$190.00High
9/21/2018OppenheimerLower Price TargetOutperform$175.00 ➝ $165.00Low
9/21/2018Piper Jaffray CompaniesLower Price TargetNeutral$145.00Low
9/20/2018KeyCorpLower Price TargetOverweight ➝ Overweight$184.00 ➝ $180.00Low
9/20/2018BMO Capital MarketsLower Price TargetNeutral ➝ Outperform$177.00 ➝ $158.00Low
9/18/2018JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$160.00 ➝ $150.00Low
9/13/2018OTR GlobalDowngradePositiveHigh
9/7/2018BarclaysBoost Price TargetOverweight ➝ Overweight$160.00 ➝ $166.00Medium
6/26/2018CowenReiterated RatingBuy$165.00Medium
6/22/2018Wells Fargo & CoReiterated RatingOutperform$170.00High
6/22/2018UBS GroupReiterated RatingBuy$170.00High
6/22/2018BTIG ResearchDowngradeBuy ➝ Neutral$85.00High
6/19/2018Raymond JamesDowngradeOutperform ➝ Market Perform$84.00Medium
3/27/2018Bank of AmericaBoost Price TargetUnderperform ➝ Underperform$115.00 ➝ $130.00Low
3/27/2018StephensBoost Price TargetOverweight ➝ Overweight$135.00 ➝ $170.00High
3/27/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$130.00 ➝ $150.00High
3/27/2018JMP SecuritiesBoost Price TargetPositive ➝ Outperform$140.00 ➝ $175.00High
3/12/2018MizuhoDowngradeBuy ➝ Neutral$140.00 ➝ $160.00Low
(Data available from 2/23/2018 forward)
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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