Ribbon Communications (RBBN)
(Delayed Data from NSDQ)
$2.94 USD
0.00 (0.00%)
Updated Aug 9, 2024 04:00 PM ET
After-Market: $2.94 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value A Growth F Momentum B VGM
Ribbon Communications (RBBN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$5.50 | $6.00 | $5.00 | 87.07% |
Price Target
Based on short-term price targets offered by three analysts, the average price target for Ribbon Communications comes to $5.50. The forecasts range from a low of $5.00 to a high of $6.00. The average price target represents an increase of 87.07% from the last closing price of $2.94.
Analyst Price Targets (3 )
Broker Rating
Ribbon Communications currently has an average brokerage recommendation (ABR) of 1.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 1.00 a month ago based on five recommendations.
Of the five recommendations deriving the current ABR, five are Strong Buy, representing 100% of all recommendations. A month ago, Strong Buy represented 100%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 4 | 4 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/26/2024 | B. Riley Securities | Dave Kang | Strong Buy | Strong Buy |
7/11/2024 | Rosenblatt Securities | Michael E Genovese | Not Available | Strong Buy |
6/20/2024 | Northland Capital Markets | Tim Savageaux | Strong Buy | Strong Buy |
4/29/2024 | JMP Securities | Trevor J Walsh | Not Available | Strong Buy |
12/14/2023 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.00 |
ABR (Last week) | 1.00 |
# of Recs in ABR | 5 |
Average Target Price | $5.50 |
LT Growth Rate | NA |
Industry | Communication - Network Software |
Industry Rank by ABR | 211 of 253 |
Current Quarter EPS Est: | 0.05 |