Analysts’ Opinions Are Mixed on These Technology Stocks: Appen Ltd. (OtherAPPEF) and REA Group Ltd (OtherRPGRF)

Analysts have been eager to weigh in on the Technology sector with new ratings on Appen Ltd. (APPEFResearch Report) and REA Group Ltd (RPGRFResearch Report).

Appen Ltd. (APPEF)

Appen Ltd. received a Sell rating and a A$2.25 price target from Bell Potter analyst Chris Savage on March 17. The company’s shares closed last Wednesday at $1.67, close to its 52-week low of $1.60.

According to, Savage is a 1-star analyst with an average return of -1.9% and a 40.0% success rate. Savage covers the Technology sector, focusing on stocks such as Life360 Shs Chess Depository Interests Repr 3 Sh, Integrated Research Limited, and Wisetech Global Ltd.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Appen Ltd. with a $1.52 average price target, which is a -9.0% downside from current levels. In a report issued on March 8, Citigroup also maintained a Sell rating on the stock with a A$2.30 price target.

See today’s best-performing stocks on TipRanks >>

REA Group Ltd (RPGRF)

In a report released today, Siraj Ahmed from Citigroup maintained a Buy rating on REA Group Ltd, with a price target of A$141.30. The company’s shares closed last Thursday at $70.35, equals to its 52-week low of $70.35.

According to, Ahmed is a 4-star analyst with an average return of 5.3% and a 47.2% success rate. Ahmed covers the Technology sector, focusing on stocks such as Wisetech Global Ltd., Nextdc Limited, and Megaport Ltd.

Currently, the analyst consensus on REA Group Ltd is a Hold with an average price target of $82.02.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on APPEF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More