RumbleOn – Consensus Indicates Potential 94.7% Upside

Broker Ratings
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RumbleOn with ticker code (RMBL) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 60 and 51 with the average target price sitting at 55.5. Given that the stocks previous close was at 28.5 this would indicate that there is a potential upside of 94.7%. There is a 50 day moving average of 33.89 and the 200 moving average now moves to 27.3. The company has a market capitalisation of $63m. Find out more information at: 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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