In a report released today, Timothy Piper from UBS maintained a Hold rating on Redbubble Ltd. (RDBBF – Research Report), with a price target of A$0.45. The company’s shares closed last Tuesday at $0.26.
According to TipRanks, Piper is an analyst with an average return of -2.8% and a 33.33% success rate. Piper covers the Consumer Goods sector, focusing on stocks such as Redbubble Ltd., G.U.D. Holdings, and Kogan.com Ltd..
The word on The Street in general, suggests a Hold analyst consensus rating for Redbubble Ltd. with a $0.45 average price target, which is a 76.16% upside from current levels. In a report released on April 21, Morgans also maintained a Hold rating on the stock with a A$0.66 price target.
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The company has a one-year high of $1.05 and a one-year low of $0.25. Currently, Redbubble Ltd. has an average volume of 15.58K.
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Redbubble Ltd. engages in the development and provision of online marketplace, where artists upload their designs and creative works. It offers apparel, accessories, house ware, calendars, canvass prints, drawstring bags, duvet covers, framed prints, greeting cards, hardcover journals, laptop sleeves, photographic prints, posters, studio pouches, scarves, spiral notebooks, stickers, throw pillows, and bags designed by artists. The company was founded by Martin Hosking, Paul Vanzella and Peter Styles on April 10, 2006 and is headquartered in Melbourne, Australia.
