Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
07/28/2023 | 247.83% | Maxim Group | → $8 | Initiates Coverage On | → Buy |
What is the target price for ARB IOT Group (ARBB)?
The latest price target for ARB IOT Group (NASDAQ: ARBB) was reported by Maxim Group on July 28, 2023. The analyst firm set a price target for $8.00 expecting ARBB to rise to within 12 months (a possible 247.83% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for ARB IOT Group (ARBB)?
The latest analyst rating for ARB IOT Group (NASDAQ: ARBB) was provided by Maxim Group, and ARB IOT Group initiated their buy rating.
When is the next analyst rating going to be posted or updated for ARB IOT Group (ARBB)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ARB IOT Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ARB IOT Group was filed on July 28, 2023 so you should expect the next rating to be made available sometime around July 28, 2024.
Is the Analyst Rating ARB IOT Group (ARBB) correct?
While ratings are subjective and will change, the latest ARB IOT Group (ARBB) rating was a initiated with a price target of $0.00 to $8.00. The current price ARB IOT Group (ARBB) is trading at is $2.30, which is within the analyst's predicted range.