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RNG Price Target

Recent RNG Price   RNG Price Target
$279.36 RNG price target lower
-6.79%
$260.40
 As of 2020-05-31
Recent RNG Analyst Ratings Breakdown
  Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong buy ratings: 17 17 15 14
Buy ratings: 2 2 2 2
Hold ratings: 1 0 1 1
Sell ratings: 0 0 0 0
Strong sell ratings: 0 0 0 0
Average rating: 1.2 1.11 1.22 1.24
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. For the RNG price target at the top of this page, we present the average RNG target price across the 20 analysts covering RNG, as reported in data provided by Zacks Investment Research via Quandl.com. The median RNG price target (a different metric than the average or mean) was $270.0 as of 2020-05-31, the highest RNG price target in the range was $290.0 while the lowest RNG price target in the range was $165.0, with a standard deviation of $28.132. Get the latest Zacks research report on RNG — FREE

Slideshow 10 ETFs With Most Upside To Analyst Targets
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For ETFs, an interesting consideration with analyst target prices is that reaching the target price makes no difference to the ETF as far as deciding whether to continue to hold the stock. ETFs by nature are passive index-followers, so as long as the stock remains in the index, it doesn't much matter whether analysts find the stock overvalued or undervalued. Below are some of the ETFs that hold RNG at last report:

 ETF   RNG Weight   RNG Amount 
 VTI   0.07%   $605,157,672         
 VXF   0.42%   $295,604,344         
 VB   0.30%   $267,459,242         
 VO   0.25%   $266,210,030         
 VBK   0.60%   $152,819,730         
 VGT   0.27%   $85,821,480         
 VUG   0.07%   $78,422,853         
 IWP   0.63%   $76,176,259         
 VOT   0.46%   $71,491,162         
 IGV   1.53%   $68,753,609         
List of all 54 ETFs holding RNG »
Company Name: 
RingCentral Inc
Website: 
www.ringcentral.com
Sector: 
Application Software
Number of ETFs Holding RNG: 
54
Total Market Value Held by ETFs: 
$2,351,553,730
Total Market Capitalization: 
$21,119,000,000
% of Market Cap. Held by ETFs: 
11.13%
Quotes delayed 20 minutes

Strong Buy (3.80 out of 4)
77th percentile
(ranked higher than approx. 77% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com

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