In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Real Brokerage (REAX – Research Report), with a price target of $2.50. The company’s shares closed yesterday at $1.40.
Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Alarm, and fuboTV. According to TipRanks, Aftahi has an average return of 11.7% and a 33.69% success rate on recommended stocks.
Real Brokerage has an analyst consensus of Moderate Buy, with a price target consensus of $2.50.
The company has a one-year high of $4.35 and a one-year low of $1.00. Currently, Real Brokerage has an average volume of 51.52K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of REAX in relation to earlier this year.
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.
The Real Brokerage Inc operates a multi-state, technology-powered residential real estate brokerage. It has a network base of over 1000 affiliated agents, Real assists home buyers, sellers, and renters. It generates revenue through real estate transactions and collects a real estate commission for the services rendered.
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