Home Entertainment company What is Wall Street’s target price for Redbox Entertainment Inc (RDBX) stock on Friday?

What is Wall Street’s target price for Redbox Entertainment Inc (RDBX) stock on Friday?

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Wall Street is neutral on Redbox Entertainment Inc (RDBX). On average, analysts give Redbox Entertainment Inc a Hold rating. The average price target is $6.375, which means analysts expect the stock to lose -41.24% over the next twelve months. This average ranking earns Redbox Entertainment Inc an analyst rating of 4, which is better than 4% of the stock based on data compiled by InvestorsObserver.

Wall Street analysts rate RDBX as a Hold today. Find out what this means for you and get the rest of the rankings on RDBX!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s bottom line. This information allows investors to make decisions ahead of the curve.

InvestorsObserver combines the ratings of these analysts and ranks them into percentiles. This gives you the ability to compare stocks in a comprehensive fashion as opposed to a standard buy/hold/sell valuation.

What’s going on with Redbox Entertainment Inc stock today?

Redbox Entertainment Inc (RDBX) stock is up 14.52% while the S&P 500 fell -2.66% at 11:04 a.m. Friday, June 10. RDBX is up $1.38 from the previous closing price of $9.47 on volume of 8,099,396 shares. Over the past year, the S&P 500 is down -7.74% while the RDBX is up 8.83%. RDBX has lost -$9.33 per share over the past 12 months. Click here for the full Redbox Entertainment Inc. stock report.

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