$RIBT Analyst PT & Stock Review on RiceBran Techno
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https://stockvisionary.com/analyst-pt-stock-r...ibt/17689/
(NASDAQ:RIBT)
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By Jim Carter on May 9, 2019
Analysts on the sell-side are offering a consensus “Buy” rating on shares of RiceBran Technologies (NASDAQ:RIBT). Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.00 on the shares. Based on a recent trade, the shares are hovering around $2.81 which, according to the Street, yields significant upside potential to the $5.00 consensus price target
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RiceBran Technologies (NASDAQ:RIBT)’s shares may have a significant upside to the consensus target of 5.00, but how has it been performing relative to the market? The stock’s price is 2.81 and their relative strength index (RSI) stands at 29.11. RSI is a technical oscillator that shows price strength by comparing upward and downward movements. It indicates oversold and overbought price levels for a stock.
RiceBran Technologies (NASDAQ:RIBT) shares are moving -1.40% trading at $2.81 today.