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RE/MAX Holdings Inc has a consensus price target of $10.1 based on the ratings of 7 analysts. The high is $14 issued by JP Morgan on December 18, 2023. The low is $7 issued by Morgan Stanley on April 10, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Morgan Stanley on August 12, 2024, May 6, 2024, and April 10, 2024, respectively. With an average price target of $8.83 between Stephens & Co., Stephens & Co., and Morgan Stanley, there's an implied -20.06% downside for RE/MAX Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for RE/MAX Hldgs (NYSE:RMAX) was reported by Stephens & Co. on August 12, 2024. The analyst firm set a price target for $10.50 expecting RMAX to fall to within 12 months (a possible -4.98% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for RE/MAX Hldgs (NYSE:RMAX) was provided by Stephens & Co., and RE/MAX Hldgs maintained their equal-weight rating.
There is no last upgrade for RE/MAX Hldgs
The last downgrade for RE/MAX Holdings Inc happened on March 1, 2024 when JonesTrading changed their price target from N/A to N/A for RE/MAX Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RE/MAX Hldgs, 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 RE/MAX Hldgs was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest RE/MAX Hldgs (RMAX) rating was a maintained with a price target of $9.00 to $10.50. The current price RE/MAX Hldgs (RMAX) is trading at is $11.05, which is out of the analyst’s predicted range.
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