The latest price target for Remitly Global (NASDAQ:RELY) was reported by BMO Capital on September 18, 2024. The analyst firm set a price target for $24.00 expecting RELY to rise to within 12 months (a possible 68.78% upside). 27 analyst firms have reported ratings in the last year.

The latest analyst rating for Remitly Global (NASDAQ:RELY) was provided by BMO Capital, and Remitly Global maintained their outperform rating.

The last upgrade for Remitly Global Inc happened on February 22, 2024 when BMO Capital raised their price target to $28. BMO Capital previously had a market perform for Remitly Global Inc.

The last downgrade for Remitly Global Inc happened on December 1, 2023 when Wolfe Research changed their price target from N/A to N/A for Remitly Global Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Remitly Global, 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 Remitly Global was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.

While ratings are subjective and will change, the latest Remitly Global (RELY) rating was a maintained with a price target of $23.00 to $24.00. The current price Remitly Global (RELY) is trading at is $14.22, which is out of the analyst’s predicted range.