Ryde Group Ltd has a consensus price target of $8.5 based on the ratings of 2 analysts. The high is $9 issued by Maxim Group on May 8, 2024. The low is $8 issued by Maxim Group on April 16, 2024. The 2 most-recent analyst ratings were released by Maxim Group on May 8, 2024 and April 16, 2024, respectively. With an average price target of $8.5 between Maxim Group, there's an implied 1995.40% upside for Ryde Group Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ryde Group (AMEX:RYDE) was reported by Maxim Group on May 8, 2024. The analyst firm set a price target for $9.00 expecting RYDE to rise to within 12 months (a possible 2118.66% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Ryde Group (AMEX:RYDE) was provided by Maxim Group, and Ryde Group maintained their buy rating.
There is no last upgrade for Ryde Group
There is no last downgrade for Ryde Group.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ryde Group, 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 Ryde Group was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
While ratings are subjective and will change, the latest Ryde Group (RYDE) rating was a maintained with a price target of $8.00 to $9.00. The current price Ryde Group (RYDE) is trading at is $0.41, which is out of the analyst’s predicted range.
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