Shares of Roblox Corporation (NYSE:RBLX – Get Free Report) have been given an average recommendation of “Hold” by the thirty-one research firms that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $60.79.
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A number of analysts recently weighed in on the stock. Wedbush increased their price target on shares of Roblox from $40.00 to $48.00 and gave the stock a “neutral” rating in a research note on Monday, September 14th. Arete Research set a $95.00 price objective on shares of Roblox and gave the company a “buy” rating in a research note on Monday, June 29th. Morgan Stanley reduced their target price on shares of Roblox from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Roth Capital increased their target price on shares of Roblox from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Finally, Moffett Nathanson reissued a “neutral” rating and set a $40.00 price target on shares of Roblox in a report on Monday, August 3rd.
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Roblox Price Performance
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