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American Resources Corp has a consensus price target of $4.05 based on the ratings of 5 analysts. The high is $5 issued by EF Hutton on June 3, 2024. The low is $3.25 issued by HC Wainwright & Co. on November 16, 2023. The 3 most-recent analyst ratings were released by D. Boral Capital, Roth MKM, and EF Hutton on November 21, 2024, September 30, 2024, and July 17, 2024, respectively. With an average price target of $4 between D. Boral Capital, Roth MKM, and EF Hutton, there's an implied 284.47% upside for American Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for American Res (NASDAQ:AREC) was reported by D. Boral Capital on November 21, 2024. The analyst firm set a price target for $4.00 expecting AREC to rise to within 12 months (a possible 284.47% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for American Res (NASDAQ:AREC) was provided by D. Boral Capital, and American Res maintained their buy rating.
There is no last upgrade for American Res
There is no last downgrade for American Res.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of American Res, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for American Res was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest American Res (AREC) rating was a maintained with a price target of $4.00 to $4.00. The current price American Res (AREC) is trading at is $1.04, which is out of the analyst’s predicted range.
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