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


RBC Capital analyst Matthew Hedberg reiterated a Hold rating on Realpage (NASDAQ: RP) yesterday and set a price target of $64. The company’s shares closed yesterday at $57.95.

According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 32.7% and a 79.5% success rate. Hedberg covers the Technology sector, focusing on stocks such as Altair Engineering Inc, Varonis Systems, and Citrix Systems.

Realpage has an analyst consensus of Strong Buy, with a price target consensus of $65.40.

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The company has a one-year high of $61.95 and a one-year low of $38. Currently, Realpage has an average volume of 884.3K.

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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.

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