Analyst Price Target is $39.17
▲ +21.98% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Upbound Group in the last 3 months. The average price target is $39.17, with a high forecast of $45.00 and a low forecast of $33.00. The average price target represents a 21.98% upside from the last price of $32.11.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in Upbound Group. This rating has held steady since June 2024, when it changed from a Buy consensus rating.
Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. It also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.
Read More
