CION Invt Corp has a consensus price target of $11.75 based on the ratings of 3 analysts. The high is $13 issued by Oppenheimer on October 8, 2024. The low is $10.75 issued by Wells Fargo on August 10, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Oppenheimer, and Wells Fargo on October 29, 2024, October 8, 2024, and May 15, 2024, respectively. With an average price target of $12.17 between Wells Fargo, Oppenheimer, and Wells Fargo, there's an implied 5.52% upside for CION Invt Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CION Invt (NYSE:CION) was reported by Wells Fargo on October 29, 2024. The analyst firm set a price target for $11.50 expecting CION to fall to within 12 months (a possible -0.35% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for CION Invt (NYSE:CION) was provided by Wells Fargo, and CION Invt maintained their equal-weight rating.
The last upgrade for CION Invt Corp happened on July 25, 2022 when Wells Fargo raised their price target to $9.5. Wells Fargo previously had an equal-weight for CION Invt Corp.
The last downgrade for CION Invt Corp happened on April 18, 2023 when Wells Fargo changed their price target from N/A to $9.25 for CION Invt Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CION Invt, 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 CION Invt was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
While ratings are subjective and will change, the latest CION Invt (CION) rating was a maintained with a price target of $12.00 to $11.50. The current price CION Invt (CION) is trading at is $11.54, which is out of the analyst’s predicted range.
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