Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Ready Capital Corp has a consensus price target of $28.09 based on the ratings of 11 analysts. The high is $151 issued by Truist Securities on March 1, 2024. The low is $7.75 issued by Keefe, Bruyette & Woods on August 12, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and Wedbush on September 16, 2024, August 12, 2024, and August 12, 2024, respectively. With an average price target of $8.25 between Piper Sandler, Keefe, Bruyette & Woods, and Wedbush, there's an implied 2.74% upside for Ready Capital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ready Capital (NYSE:RC) was reported by Piper Sandler on September 16, 2024. The analyst firm set a price target for $8.00 expecting RC to fall to within 12 months (a possible -0.37% downside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Ready Capital (NYSE:RC) was provided by Piper Sandler, and Ready Capital maintained their neutral rating.
There is no last upgrade for Ready Capital
The last downgrade for Ready Capital Corp happened on May 10, 2024 when Ladenburg Thalmann changed their price target from N/A to N/A for Ready Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ready Capital, 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 Ready Capital was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Ready Capital (RC) rating was a maintained with a price target of $9.50 to $8.00. The current price Ready Capital (RC) is trading at is $8.03, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.