Ribbon Communications Inc. (RBBN) is currently trading at $1.8 with a Wall Street consensus price target of $3.3, implying potential upside of 83.3% over the next 12 months. 5 analysts currently cover RBBN, with a consensus rating of Buy - 80% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $4.0, while the most cautious has a target of $2.2.
RBBN operates in the Technology sector with a market capitalisation of $322M. The stock is down 37.9% year-to-date and is currently trading near the lower end of its 52-week range of $1.55 – $4.09.
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