Analyst Price Target is $12.00
▲ +96.72% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Reservoir Media in the last 3 months. The average price target is $12.00, with a high forecast of $13.00 and a low forecast of $11.00. The average price target represents a 96.72% upside from the last price of $6.10.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Reservoir Media. This Buy consensus rating has held steady for over two years.
Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. The company was founded in 2007 and is headquartered in New York, New York.