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RingCentral Price Target & Analyst Ratings (NYSE:RNG)

+2.50 (+1.47 %)
(As of 11/13/2019 02:17 AM ET)
Today's Range
Now: $172.71
50-Day Range
MA: $156.68
52-Week Range
Now: $172.71
Volume1.19 million shs
Average Volume912,874 shs
Market Capitalization$14.33 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

RingCentral (NYSE:RNG) 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.
16 Wall Street analysts have issued ratings and price targets for RingCentral in the last 12 months. Their average twelve-month price target is $161.69, suggesting that the stock has a possible downside of 6.38%. The high price target for RNG is $225.00 and the low price target for RNG is $95.00. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.942.942.932.88
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
13 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
13 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
12 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
13 Buy Rating(s)
1 Strong Buy Rating(s)
Consensus Price Target: $161.69$150.19$136.40$120.47
Price Target Upside: 6.38% downside13.50% downside2.65% downside3.38% upside

RingCentral (NYSE:RNG) 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.

RingCentral (NYSE:RNG) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/5/2019Morgan StanleyBoost Price TargetEqual Weight$140.00 ➝ $170.00High
11/5/2019SunTrust BanksBoost Price TargetBuy$163.00 ➝ $192.00High
11/5/2019Craig HallumBoost Price TargetBuy$150.00 ➝ $175.00High
11/5/2019OppenheimerBoost Price Target$155.00 ➝ $200.00High
11/5/2019Raymond JamesBoost Price TargetStrong-Buy$175.00 ➝ $190.00High
11/5/2019Needham & Company LLCBoost Price TargetBuy$150.00 ➝ $190.00High
10/7/2019Bank of AmericaBoost Price TargetBuy$150.00 ➝ $180.00Low
10/7/2019JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$143.00 ➝ $225.00High
10/4/2019Rosenblatt SecuritiesReiterated RatingBuy$160.00High
7/30/2019Jefferies Financial GroupBoost Price TargetBuy$140.00 ➝ $152.00High
5/7/2019Northland SecuritiesBoost Price TargetOutperform$124.00 ➝ $148.00High
5/7/2019Deutsche BankBoost Price TargetBuy$125.00 ➝ $135.00Medium
5/7/2019UBS GroupBoost Price TargetOutperform$117.00 ➝ $130.00High
5/6/2019StephensReiterated RatingHold$95.00High
3/11/2019GuggenheimInitiated CoverageBuy ➝ Buy$125.00Low
2/12/2019Robert W. BairdBoost Price TargetOutperform ➝ Positive$100.00 ➝ $120.00High
8/7/2018Dougherty & CoBoost Price TargetBuy$85.00 ➝ $95.00Low
7/11/2018Stifel NicolausInitiated CoverageBuy$100.00High
(Data available from 11/13/2017 forward)
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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