Reebonz Holding Limited (RBZ) Gets a Buy Rating from Roth Capital


In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Reebonz Holding Limited (RBZ), with a price target of $11. The company’s shares opened today at $5.75, close to its 52-week low of $4.25.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 15.0% and a 52.9% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Reebonz Holding Limited with a $11 average price target.

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The company has a one-year high of $83.52 and a one-year low of $4.25. Currently, Reebonz Holding Limited has an average volume of 1.24M.

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Reebonz Holding Ltd. engages in the provision of an online marketplace for buying and selling luxury products. It also curates and sells authentic new and pre-owned luxury goods, including handbags, small leather goods and other accessories, shoes, watches, and jewelry from several luxury brands.

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