Rocket Companies, Inc. (NYSE:RKT – Get Free Report) has been assigned an average rating of “Reduce” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $10.60.
A number of research firms have weighed in on RKT. Royal Bank of Canada increased their price target on shares of Rocket Companies from $12.00 to $14.00 and gave the stock a “sector perform” rating in a research note on Friday, May 3rd. Wedbush reissued a “neutral” rating and set a $13.00 price target on shares of Rocket Companies in a research report on Friday, May 3rd. Piper Sandler raised their price objective on Rocket Companies from $12.00 to $13.00 and…
