In a report released yesterday, Mark Altschwager from Robert W. Baird maintained a Buy rating on RealReal (REAL – Research Report), with a price target of $2.75. The company’s shares opened today at $1.22.
According to TipRanks, Altschwager is a 3-star analyst with an average return of 2.2% and a 42.67% success rate. Altschwager covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Revolve Group, and Warby Parker.
In addition to Robert W. Baird, RealReal also received a Buy from Wedbush’s Tom Nikic in a report issued yesterday. However, on the same day, Piper Sandler assigned a Hold rating to RealReal (NASDAQ: REAL).
See the top stocks recommended by analysts >>
REAL market cap is currently $122.7M and has a P/E ratio of -0.54.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The RealReal, Inc. is an online luxury consignment site, which engages in the consignment of luxury goods across multiple categories, including women’s, men’s, kids’, jewelry, and watches, and home and art. The firm sells pieces from designers such as Cartier, Chanel, Christian Louboutin, Gucci, Hermes, Louis Vuitton, Prada, Rolex, Tiffany & Co., and Valentino. The company was founded by Julie Wainwright and Marcy Carmack in March 2011 and is headquartered in San Francisco, CA.
Read More on REAL:
- The RealReal Announces First Quarter 2023 Results
- RealReal being circled by private equity, Puck reports
- The RealReal Announces Timing of Its First Quarter 2023 Earnings Conference Call
- The RealReal Invests In Seller Experience, Continues to Deliver Unparalleled Luxury Consignment
- RealReal announces enhancements for seller experience
