Ryde Group (NYSEAMERICAN:RYDE) Price Target Raised to $9.00 at Maxim Group

Ryde Group (NYSEAMERICAN:RYDE) had its price objective increased by Maxim Group from $8.00 to $9.00 in a research note published on Wednesday, Benzinga reports. Maxim Group currently has a buy rating on the stock.

Ryde Group Stock Up 3.9 %

Shares of RYDE opened at $7.73 on Wednesday. Ryde Group has a 52 week low of $2.02 and a 52 week high of $8.12.

Ryde Group Company Profile

Ryde Group Ltd engages in mobility and quick commerce businesses in Singapore. The Mobility segment provides on-demand and scheduled carpooling and ride-hailing services. The Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. The company was founded in 2014 and is headquartered in Singapore.