Analyst Price Target is $34.00
▲ +19.63% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Rent-A-Center in the last 3 months. The average price target is $34.00, with a high forecast of $42.00 and a low forecast of $28.00. The average price target represents a 19.63% upside from the last price of $28.42.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in Rent-A-Center. This Buy consensus rating has held steady for over two years.
Rent-A-Center, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. The Rent-A-Center Business segment consists of company-owned rent-to-own stores in the United States and Puerto Rico. The Preferred Lease segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment sells rental merchandise to its franchisees. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.