Michael Grondahl analyst at Northland Securities reiterates coverage on Riot Blockchain (RIOT) in the Financial sector with a Buy rating. TipRanks.com has Grondahl rated as a 4.8 star analyst with a 52% return on investment and a 18.6% success rate. Grondahl has set a price target of $30.
TipRanks.com reports that Riot Blockchain currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $44.20. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $30.00. Riot Blockchain (RIOT)’s last closing price was $20.93 which would put the average price target at 111.18% upside.
In addition, TradingView issued a Sell rating for RIOT over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. 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 rating with the price target of $50 on 6 days ago
- Darren Aftahi of Roth Capital issued a Buy rating with the price target of $46 on 1 week ago
- Mike Colonnese of Cantor Fitzgerald issued a Buy rating with the price target of $45 on 1 week ago
- Chris Brendler of D.A. Davidson issued a Buy rating with the price target of $ on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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