Maxim Group Initiates Coverage on Reebonz (NASDAQ:RBZ)
Maxim Group initiated coverage on shares of Reebonz (NASDAQ:RBZ) in a research note issued to investors on Monday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $11.00 price objective on the stock.
Separately, Roth Capital started coverage on shares of Reebonz in a research note on Wednesday, April 24th. They set a buy rating and a $11.00 price target on the stock.
Shares of RBZ stock opened at $4.35 on Monday. Reebonz has a 1 year low of $4.20 and a 1 year high of $83.52.
Reebonz Holding Limited operates an online platform for buying and selling a range of luxury products in Southeast Asia and the Asia Pacific markets. It offers a range of new and pre-owned luxury bags, accessories, watches, jewelry, and shoes from designer labels and a curation of merchants through sale events and Reebonz app, as well as iPhone, iPad, and Android platforms.
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