RumbleOn – Consensus Indicates Potential 94.7% Upside

Broker Ratings
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RumbleOn found using ticker (RMBL) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 60 and 51 calculating the mean target price we have 55.5. Now with the previous closing price of 28.5 this is indicating there is a potential upside of 94.7%. The 50 day MA is 33.89 and the 200 day MA is 27.3. The company has a market capitalisation of $63m. You can visit the company’s website by visiting: http://www.rumbleon.com

The potential market cap would be $122m based on the market concensus.

RumbleON, a development stage company, provides an e-commerce platform that facilitates consumers and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. It primarily focuses on pre-owned Harley-Davidson motorcycles and other powersports. The company also provides third-party financing services. The company was formerly known as Smart Server and changed its name to RumbleON in February 2017. RumbleON was incorporated in 2013 and is based in Irving, Texas.

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