Raspberry Pi (LON:RPI – Get Free Report)‘s stock had its “hold” rating restated by stock analysts at Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 670 price target on the stock. Berenberg Bank’s price objective suggests a potential downside of 2.69% from the company’s previous close.
Several other research firms have also weighed in on RPI. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Raspberry Pi from GBX 550 to GBX 650 and gave the company a “hold” rating in a report on Tuesday, June 16th. Jefferies Financial Group increased their price target on Raspberry Pi from GBX 420 to GBX 960 and gave the company a “buy” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 760.
Check Out Our Latest Research Report on Raspberry Pi
Raspberry Pi Stock Performance
Insiders Place Their Bets
In other Raspberry Pi news, insider Eben Upton CBE sold 190,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of GBX 967, for a total value of £1,837,300. 1.55% of the stock is currently owned by corporate insiders.
About Raspberry Pi
Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.
Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.
That’s not all we do.
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