Ra Medical Systems, Inc. (RMED) Social Stream
RA MEDICAL SYSTEMS INC (RMED) Price Targets From Analysts
Use the tables below to see what analysts covering RA MEDICAL SYSTEMS INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-17 | 2 | $12 | $12 | $12 | $0.594 | 1920.2% |
| 2022-03-09 | 3 | $12 | $1.1 | $6.55 | $0.594 | 1002.69% |
| 2022-05-18 | 1 | $600 | $55 | $327.5 | $0.594 | 55034.68% |
| 2023-06-08 | 1 | $7 | $7 | $7 | $0.594 | 1078.45% |
Price Target Last Issued June 8, 2023
The Trend in the Analyst Price Target
Over the past 36 months, RMED's average price target has gone up $5.5.
RMED reports an average of 444.64% for its upside potential over the past 64 days.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-04-05 | 1 | 7 | 7 | 7 | 1.49 | 369.8% |
| 2023-06-08 | 1 | 7 | 7 | 7 | 1.13 | 519.47% |
RMED Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
Over the past 15 months, RMED's average broker recommendation rating improved by 0.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- RA MEDICAL SYSTEMS INC's upside potential (average analyst target price relative to current price) is higher than 788.12% of all US stocks.
- To contextualize these metrics, consider that out of all US stocks, RA MEDICAL SYSTEMS INC's variance in analysts' estimates is lower than -288.08% of them.
- RMED has a higher number of analysts covering the stock than 29.35% of Healthcare stocks.
- RMED has a greater average analyst price target than 302.44% of Medical Equipment stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Medical Equipment industry with the ratings most similar to RA MEDICAL SYSTEMS INC are MOTS, VERO, and PETV.
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