InvestorsObserver is giving Redbox Entertainment Inc (RDBX) an Analyst Rating Rank of 30, meaning RDBX is ranked higher by analysts than 30% of stocks. The average price target for RDBX is $9.25 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating RDBX a Buy today. Find out what this means to you and get the rest of the rankings on RDBX!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Redbox Entertainment Inc Stock Today?
Redbox Entertainment Inc (RDBX) stock is up 7.36% while the S&P 500 has fallen -0.72% as of 10:16 AM on Monday, May 16. RDBX has gained $0.20 from the previous closing price of $2.68 on volume of 1,260,393 shares. Over the past year the S&P 500 is down -4.04% while RDBX has fallen -71.06%. RDBX lost -$8.94 per share the over the last 12 months.
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