Should You Buy Red Hat, Inc. (NYSE:RHT) On Current Analyst Views?


Stock market analysts and brokers have recently amended their target prices on shares of Red Hat, Inc. (NYSE:RHT).
According to the latest research reports released, 8 analysts have issued a rating of “buy”, 11 analysts “outperform”, 7 analysts “hold”, 1 analysts “underperform” and 0 analysts “sell”.

The most recent analyst ratings issued by brokerages:

03/28/2017 – Red Hat, Inc. had its “buy” rating reiterated by analysts at Drexel Hamilton. They now have a USD 110 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “sell” rating reiterated by analysts at Goldman Sachs. They now have a USD 80 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 96 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 83 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 90 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 105 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “market perform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 90 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “hold” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 83 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 98 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 100 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “buy” rating reiterated by analysts at BTIG Research. They now have a USD 95 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “buy” rating reiterated by analysts at Mizuho. They now have a USD 96 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 93 price target on the stock.

03/28/2017 – Red Hat, Inc. had its “outperform” rating reiterated by analysts at William Blair.

03/28/2017 – Red Hat, Inc. had its “neutral” rating reiterated by analysts at MKM Partners. They now have a USD 82 price target on the stock.

The share price of Red Hat, Inc. (NYSE:RHT) was down -1.09% during the last trading session, with a day high of 85.95. 2630862 shares were traded on Red Hat, Inc.’s last session.

The stock’s 50 day moving average is 83.50 and its 200 day moving average is 78.50. The stock’s market capitalization is 15.06B. Red Hat, Inc. has a 52-week low of 68.54 and a 52-week high of 87.91.


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