On Nov 02, major Wall Street analysts update their ratings for $Upbound Group (UPBD.US)$, with price targets ranging from $33 to $45.
TD Cowen analyst Hoang Nguyen maintains with a buy rating, and maintains the target price at $43.
Loop Capital analyst Anthony Chukumba maintains with a hold rating, and adjusts the target price from $36 to $33.
KeyBanc analyst Bradley Thomas maintains with a buy rating, and maintains the target price at $41.
BTIG analyst Vincent Caintic maintains with a buy rating, and maintains the target price at $45.
Furthermore, according to the comprehensive report, the opinions of $Upbound Group (UPBD.US)$'s main analysts recently are as follows:
While observing a series of promising developments in Upbound Group's Q3 outcomes, such as the consecutive same-store sales growth within the Rent-A-Center business, concerns remain as the Acima segment's EBITDA margins persist in a downward trend, despite robust growth in both Gross Merchandise Volume and revenues.
The firm noted that Upbound Group's 3Q EPS aligned with estimates and surpassed the consensus. The company's major revenue lines exceeded expectations, which was somewhat balanced out by revenue costs higher than consensus, including the cost of merchandise sold, and cost of rentals and fees.
Here are the latest investment ratings and price targets for $Upbound Group (UPBD.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
