RBC Capital analyst Matthew Hedberg maintained a Buy rating on Realpage (NASDAQ:RP) on Thursday, setting a price target of $76, which is approximately 25.21% above the present share price of $60.7.
Hedberg expects Realpage to post earnings per share (EPS) of $0.12 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Realpage, with an average price target of $71.
The analysts price targets range from a high of $76 to a low of $65.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $285.61 million and a net profit of $25.86 million. The company's market cap is $6.19 billion.
According to TipRanks.com, RBC Capital analyst Matthew Hedberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.9% and a 72.78% success rate.
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.