RCM Technologies Inc has a consensus price target of $27.5 based on the ratings of 2 analysts. The high is $33 issued by Benchmark on May 15, 2024. The low is $22 issued by B. Riley Securities on August 14, 2023. The 3 most-recent analyst ratings were released by Benchmark, Benchmark, and B. Riley Securities on May 15, 2024, November 13, 2023, and August 14, 2023, respectively. With an average price target of $29.33 between Benchmark, Benchmark, and B. Riley Securities, there's an implied 48.49% upside for RCM Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/15/2024 | Buy Now | 67.05% | Benchmark | Bill Sutherland | → $33 | Reiterates | Buy → Buy | Get Alert |
11/13/2023 | Buy Now | 67.05% | Benchmark | Bill Sutherland | $28 → $33 | Maintains | Buy | Get Alert |
08/14/2023 | Buy Now | 11.36% | B. Riley Securities | Alex Rygiel | $19 → $22 | Maintains | Buy | Get Alert |
05/12/2023 | Buy Now | 41.74% | Benchmark | Bill Sutherland | → $28 | Reiterates | Buy → Buy | Get Alert |
05/11/2023 | Buy Now | -3.82% | B. Riley Securities | Alex Rygiel | $17 → $19 | Maintains | Buy | Get Alert |
03/28/2023 | Buy Now | -13.95% | B. Riley Securities | Alex Rygiel | $23 → $17 | Maintains | Buy | Get Alert |
03/20/2023 | Buy Now | 41.74% | Benchmark | Bill Sutherland | $30 → $28 | Maintains | Buy | Get Alert |
08/15/2022 | Buy Now | 16.43% | B. Riley Securities | Alex Rygiel | → $23 | Upgrade | Neutral → Buy | Get Alert |
06/14/2022 | Buy Now | 16.43% | B. Riley Securities | Alex Rygiel | $16.5 → $23 | Maintains | Neutral | Get Alert |
04/29/2022 | Buy Now | -16.48% | B. Riley Securities | Alex Rygiel | $7.5 → $16.5 | Maintains | Neutral | Get Alert |
The latest price target for RCM Technologies (NASDAQ:RCMT) was reported by Benchmark on May 15, 2024. The analyst firm set a price target for $33.00 expecting RCMT to rise to within 12 months (a possible 67.05% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for RCM Technologies (NASDAQ:RCMT) was provided by Benchmark, and RCM Technologies reiterated their buy rating.
The last upgrade for RCM Technologies Inc happened on August 15, 2022 when B. Riley Securities raised their price target to $23. B. Riley Securities previously had a neutral for RCM Technologies Inc.
There is no last downgrade for RCM Technologies.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RCM Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for RCM Technologies was filed on May 15, 2024 so you should expect the next rating to be made available sometime around May 15, 2025.
While ratings are subjective and will change, the latest RCM Technologies (RCMT) rating was a reiterated with a price target of $33.00 to $33.00. The current price RCM Technologies (RCMT) is trading at is $19.76, which is out of the analyst’s predicted range.
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