Wall Street Analysts Predict a 26.79% Upside in RingCentral: Here's What You Should Know

Quick Summary:

RingCentral (NYSE: RNG) closed the last trading session at $30.76, gaining 7.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide.

The average comprises 20 short-term price targets ranging from a low of $28 to a high of $52, with a standard deviation of $6.42.

While the lowest estimate indicates a decline of 9% from the current price level, the most optimistic estimate points to a 69.1% upside.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zacks

Category: Technology

Markets: United States

Topics: News Price Target Analyst Ratings Earnings RNG Markets Trading Ideas Contributors Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 19:04:34 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 711 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21634812

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 39 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions