Donald Fandetti analyst at Wells Fargo reiterates coverage on Rocket Companies (RKT) in the Financial sector with a Hold rating. TipRanks.com has Fandetti rated as a 4.4 star analyst with a 62% return on investment and a 13.3% success rate. Fandetti has set a price target of $17.
TipRanks.com reports that Rocket Companies currently has 8 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $17.94. The target pricing ranges from a high forecast of $21.00 down to a low forecast of $15.00. Rocket Companies (RKT)’s last closing price was $14.91 which would put the average price target at 20.32% upside.
In addition, TradingView issued a Sell rating for RKT over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RKT.
Other analysts covering RKT include:
- Timothy Chiodo of Credit Suisse issued a Hold rating with the price target of $19 on 2 weeks ago
- James Faucette of Morgan Stanley issued a Hold rating with the price target of $15 on 3 weeks ago
- Kevin Barker of Piper Sandler issued a Hold rating with the price target of $19 on 1 month ago
- Richard Shane of J.P. Morgan issued a Sell rating with the price target of $17.5 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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