Realpage (RP) Gets a Buy Rating from KeyBanc

By Jason Carr

In a report released today, Monika Garg from KeyBanc maintained a Buy rating on Realpage (NASDAQ: RP), with a price target of $72. The company’s shares closed yesterday at $62.50, close to its 52-week high of $63.75.

According to TipRanks.com, Garg is a 5-star analyst with an average return of 30.2% and a 81.0% success rate. Garg covers the Technology sector, focusing on stocks such as Aspen Technology, Oracle Corp, and Blackbaud.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Realpage with a $70.50 average price target.

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Realpage’s market cap is currently $5.87B and has a P/E ratio of 1562.5. The company has a Price to Book ratio of 5.65.

Based on the recent corporate insider activity of 98 insiders, corporate insider sentiment is negative on the stock.

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RealPage, Inc. engages in the provison of software and data analytics to the real estate industry. It offers on asset optimization, asset and investment management, property management, resident services, and leasing and marketing solutions. The company was founded by Stephen T. Winn in November 1998 and is headquartered in Richardson, TX.