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A Quick Look at Today's Ratings for Remitly Global(RELY.US), With a Forecast Between $16 to $30

Futu News ·  Oct 31 21:00  · Ratings

On Oct 31, major Wall Street analysts update their ratings for $Remitly Global (RELY.US)$, with price targets ranging from $16 to $30.

Barclays analyst Ramsey El Assal maintains with a buy rating, and maintains the target price at $16.

Wells Fargo analyst Andrew Bauch upgrades to a hold rating, and adjusts the target price from $13 to $18.

KeyBanc analyst Alex Markgraff maintains with a buy rating, and sets the target price at $21.

Monness analyst Gustavo Gala maintains with a buy rating, and maintains the target price at $30.

JMP Securities analyst David Scharf maintains with a buy rating, and adjusts the target price from $22 to $25.

Furthermore, according to the comprehensive report, the opinions of $Remitly Global (RELY.US)$'s main analysts recently are as follows:

  • Remitly Global's notable third-quarter performance exceeded expectations across the board, bolstered by favorable foreign exchange-related tailwinds that enhanced revenue.

Here are the latest investment ratings and price targets for $Remitly Global (RELY.US)$ from 5 analysts:

StockTodayLatestRating_nn_81106162628602_20241031_en

Note:

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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.

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