Reed's Inc has a consensus price target of $7 based on the ratings of 2 analysts. The high is $7 issued by Roth MKM on August 14, 2023. The low is $7 issued by Roth MKM on August 14, 2023. The 1 most-recent analyst ratings were released by Roth MKM on August 14, 2023, respectively. With an average price target of $7 between Roth MKM, there's an implied 392.96% upside for Reed's Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Reed's (OTCQX:REED) was reported by Roth MKM on August 14, 2023. The analyst firm set a price target for $7.00 expecting REED to rise to within 12 months (a possible 392.96% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Reed's (OTCQX:REED) was provided by Roth MKM, and Reed's maintained their buy rating.
There is no last upgrade for Reed's
The last downgrade for Reed's Inc happened on November 14, 2022 when Maxim Group changed their price target from N/A to N/A for Reed's Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reed's, 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 Reed's was filed on August 14, 2023 so you should expect the next rating to be made available sometime around August 14, 2024.
While ratings are subjective and will change, the latest Reed's (REED) rating was a maintained with a price target of $17.00 to $7.00. The current price Reed's (REED) is trading at is $1.42, which is out of the analyst’s predicted range.
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