Resources Connection Inc has a consensus price target of $24.25 based on the ratings of 4 analysts. The high is $58 issued by B of A Securities on November 15, 2022. The low is $11 issued by JP Morgan on July 23, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Noble Capital Markets, and Baird on July 23, 2024, May 29, 2024, and April 4, 2024, respectively. With an average price target of $13 between JP Morgan, Noble Capital Markets, and Baird, there's an implied 58.92% upside for Resources Connection Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Resources Connection (NASDAQ:RGP) was reported by JP Morgan on July 23, 2024. The analyst firm set a price target for $11.00 expecting RGP to rise to within 12 months (a possible 34.47% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Resources Connection (NASDAQ:RGP) was provided by JP Morgan, and Resources Connection maintained their underweight rating.
The last upgrade for Resources Connection Inc happened on November 15, 2022 when B of A Securities raised their price target to $58. B of A Securities previously had an underperform for Resources Connection Inc.
There is no last downgrade for Resources Connection.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Resources Connection, 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 Resources Connection was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
While ratings are subjective and will change, the latest Resources Connection (RGP) rating was a maintained with a price target of $12.00 to $11.00. The current price Resources Connection (RGP) is trading at is $8.18, which is out of the analyst’s predicted range.
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