Analyst Price Target is $38.17
▲ +20.97% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Upbound Group in the last 3 months. The average price target is $38.17, with a high forecast of $43.00 and a low forecast of $32.00. The average price target represents a 20.97% upside from the last price of $31.55.
Current Consensus is
Buy
The current consensus among 4 polled investment analysts is to buy stock in Upbound Group. This Buy consensus rating has held steady for over two years.
Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.
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