Lucas Pipes, analyst at B Riley Financial, reiterates coverage on Riot Blockchain Inc (RIOT) in the Financial sector with a Buy rating. TipRanks.com has Pipes rated as a 4.5 star analyst with a 19% return on investment and a 44% success rate. Pipes has set a price target of $51.00 .
TipRanks.com reports that RIOT currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $47.75 . The target pricing ranges from a high forecast of $51.00 down to a low forecast of $45.00 .
RIOT’s last closing price was $35.96 which would put the average price target at 32.79% upside.
In addition, TradingView issued a Buy rating for RIOT over the next month.
Remember, securities are volatile, so please do your own research on RIOT.
Other analysts covering RIOT include:
- Kevin Dede of H C Wainwright issued a buy rate with the price target of $50 in August
- Gregory Lewis of BTIG issued a buy rate with the price target of $45 in August
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