Ryde Group (NYSEAMERICAN:RYDE) Given New $9.00 Price Target at Maxim Group

Ryde Group (NYSEAMERICAN:RYDE) had its price objective upped by Maxim Group from $8.00 to $9.00 in a report published on Wednesday morning, Benzinga reports. They currently have a buy rating on the stock.

Ryde Group Price Performance

RYDE stock opened at $7.73 on Wednesday. Ryde Group has a twelve month low of $2.02 and a twelve month high of $8.12.

About Ryde Group

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.