Reservoir Media Inc has a consensus price target of $12.75 based on the ratings of 2 analysts. The high is $13 issued by Roth MKM on September 13, 2023. The low is $12.5 issued by B. Riley Securities on October 31, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, B. Riley Securities, and Roth MKM on October 31, 2024, May 31, 2024, and September 13, 2023, respectively. With an average price target of $12.33 between B. Riley Securities, B. Riley Securities, and Roth MKM, there's an implied 37.19% upside for Reservoir Media Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Reservoir Media (NASDAQ:RSVR) was reported by B. Riley Securities on October 31, 2024. The analyst firm set a price target for $12.50 expecting RSVR to rise to within 12 months (a possible 39.04% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Reservoir Media (NASDAQ:RSVR) was provided by B. Riley Securities, and Reservoir Media maintained their buy rating.
There is no last upgrade for Reservoir Media
There is no last downgrade for Reservoir Media.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reservoir Media, 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 Reservoir Media was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Reservoir Media (RSVR) rating was a maintained with a price target of $11.50 to $12.50. The current price Reservoir Media (RSVR) is trading at is $8.99, which is out of the analyst’s predicted range.
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