Analyst Price Target is $24.50
▲ +42.52% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for RE/MAX in the last 3 months. The average price target is $24.50, with a high forecast of $28.00 and a low forecast of $21.00. The average price target represents a 42.52% upside from the last price of $17.19.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in RE/MAX. This rating changed within the last month from a Hold consensus rating.
RE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage, Marketing Funds, and Other. The Real Estate segment is comprised of the Company's owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment is comprised of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in the operations of the marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Other segment focuses on the legacy operations of the booj Platform. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.