Richardson Electronics Ltd has a consensus price target of $13 based on the ratings of 1 analysts. The high is $13 issued by Northland Capital Markets on April 29, 2024. The low is $13 issued by Northland Capital Markets on April 29, 2024. The 1 most-recent analyst ratings were released by Northland Capital Markets on April 29, 2024, respectively. With an average price target of $13 between Northland Capital Markets, there's an implied -7.21% downside for Richardson Electronics Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Richardson Electronics (NASDAQ:RELL) was reported by Northland Capital Markets on April 29, 2024. The analyst firm set a price target for $13.00 expecting RELL to fall to within 12 months (a possible -7.21% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Richardson Electronics (NASDAQ:RELL) was provided by Northland Capital Markets, and Richardson Electronics initiated their outperform rating.
There is no last upgrade for Richardson Electronics
There is no last downgrade for Richardson Electronics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Richardson Electronics, 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 Richardson Electronics was filed on April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.
While ratings are subjective and will change, the latest Richardson Electronics (RELL) rating was a initiated with a price target of $0.00 to $13.00. The current price Richardson Electronics (RELL) is trading at is $14.01, which is out of the analyst’s predicted range.
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