Brokerage Firm Rating Update on RealPage (RP)

RealPage (RP) : 4 analysts are covering RealPage (RP) and their average rating on the stock is 1.5, which is read as a Strong Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

RealPage (RP) : The highest short term price target forecast on RealPage (RP) is $35 and the lowest target price is $27. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $30.67 with a standard deviation of $4.04.


For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm JMP Securities maintains its rating on RealPage (NASDAQ:RP). As per the latest information, the brokerage house raises the price target to $35 per share from a prior target of $28. The shares have been rated Market Outperform. The rating by the firm was issued on August 4, 2016.

RealPage (NASDAQ:RP): stock was range-bound between the intraday low of $25.22 and the intraday high of $25.83 after having opened at $25.77 on Wednesdays session. The stock finally closed in the red at $25.77, a loss of -0.97%. The stock remained in the red for the whole trading day. The total traded volume was 387,793 shares. The stock failed to cross $25.83 in Wednesdays trading. The stocks closing price on Thursday was $25.8.

RealPage, Inc. is a provider of on demand software and software-enabled solutions for the rental housing industry. The Companys property management solutions enables owners and managers of single family and multifamily rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations. Its on demand software solutions are delivered through an integrated software platform that provides a single point of access and a shared repository of prospect, renter and property data. By integrating and streamlining different processes and interactions among the rental housing and vacation rental ecosystem of owners, managers, prospects, renters and service providers, the Companys platform facilitates the property management process. The Company also provides solutions that consist of advisory services, consulting and training.

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