Raymond James Starts The RealReal Inc. (REAL) at Market Perform

July 23, 2019 6:55 AM EDT
Get Alerts REAL Hot Sheet
Price: $11.40 +4.20%

Rating Summary:
    13 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Raymond James analyst Aaron Kessler initiates coverage on The RealReal Inc. (NASDAQ: REAL) with a Market Perform rating.

While they are positive on fundamentals, they believe REAL shares are fairly valued at a 2020 EV/gross profit multiple of 7.3x, above the online marketplace and eCommerce group averages of 6.1x and 2.9x.

For an analyst ratings summary and ratings history on The RealReal Inc. click here. For more ratings news on The RealReal Inc. click here.

Shares of The RealReal Inc. closed at $24.79 yesterday.



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Raymond James, Aaron Kessler