Oppenheimer analyst Timothy Horan maintained a Hold rating on RingCentral (RNG) today. The company’s shares closed last Tuesday at $296.67.
According to TipRanks.com, Horan is a 5-star analyst with an average return of 17.5% and a 67.4% success rate. Horan covers the Technology sector, focusing on stocks such as Rackspace Technology, Lumen Technologies, and Vonage Holdings.
RingCentral has an analyst consensus of Strong Buy, with a price target consensus of $472.05.
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The company has a one-year high of $449.00 and a one-year low of $216.10. Currently, RingCentral has an average volume of 955.5K.
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Founded in 1999, California-based RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company’s products include RingCentral Professional, RingCentral Office, RingCentral Glip, and RingCentral Fax.