Realpage (RP) Receives a Rating Update from a Top Analyst


RBC Capital analyst Matthew Hedberg reiterated a Buy rating on Realpage (RP) yesterday and set a price target of $64. The company’s shares closed yesterday at $60.93.

According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 33.0% and a 83.6% success rate. Hedberg covers the Technology sector, focusing on stocks such as Pivotal Software Inc, SecureWorks Corp, and Varonis Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Realpage with a $64 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $66.25 and a one-year low of $42.90. Currently, Realpage has an average volume of 739.2K.

Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2018, Bryan Hill, the EVP, CFO & Treas of RP sold 121,835 shares for a total of $6,380,499.

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.

RealPage, Inc. engages in the provison of software and data analytics to the real estate industry. It offers on asset optimization, asset and investment management, property management, resident services, and leasing and marketing solutions. The company was founded by Stephen T. Winn in November 1998 and is headquartered in Richardson, TX.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts