$1.655
0[0.00%]
At close: Apr 22
$1.71
0.0550[3.32%]
After Hours: 4:00PM EDT
Reed's Stock (OTC:REED), Analyst Ratings, Price Targets, Predictions
Reed's Inc has a consensus price target of $3.5, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Roth MKM and Maxim Group on August 14, 2023 and November 14, 2022. With an average price target of $3.5 between Roth MKM and Maxim Group, there's an implied 111.48% upside for Reed's Inc from these 2 analyst ratings.
Analyst Firms Making Recommendations1
Roth MKM
Maxim Group
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Reed's
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 08/14/2023 | REED | Buy Now | Reed's | $1.66 | 322.96% | Roth MKM | Sean McGowan | $17 → $7 | Maintains | Buy | Get Alert |
| 11/14/2022 | REED | Buy Now | Reed's | $1.66 | — | Maxim Group | Anthony Vendetti | — | Downgrade | Buy → Hold | Get Alert |
FAQ
What is the target price for Reed's (REED)?
The latest price target for Reed's (OTCQX: REED) was reported by Roth MKM on August 14, 2023. The analyst firm set a price target for $7.00 expecting REED to rise to within 12 months (a possible 322.96% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Reed's (REED)?
The latest analyst rating for Reed's (OTCQX: REED) was provided by Roth MKM, and Reed's maintained their buy rating.
When was the last upgrade for Reed's (REED)?
There is no last upgrade for Reed's.
When was the last downgrade for Reed's (REED)?
The last downgrade for Reed's Inc happened on November 14, 2022 when Maxim Group changed their price target from N/A to N/A for Reed's Inc.
When is the next analyst rating going to be posted or updated for Reed's (REED)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reed's, 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 Reed's was filed on August 14, 2023 so you should expect the next rating to be made available sometime around August 14, 2024.
Is the Analyst Rating Reed's (REED) correct?
While ratings are subjective and will change, the latest Reed's (REED) rating was a maintained with a price target of $17.00 to $7.00. The current price Reed's (REED) is trading at is $1.66, which is out of the analyst’s predicted range.
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