CVR Energy Inc has a consensus price target of $26 based on the ratings of 7 analysts. The high is $31 issued by Goldman Sachs on September 1, 2023. The low is $21 issued by Scotiabank on October 10, 2024. The 3 most-recent analyst ratings were released by Scotiabank, JP Morgan, and Mizuho on October 10, 2024, October 2, 2024, and September 16, 2024, respectively. With an average price target of $23 between Scotiabank, JP Morgan, and Mizuho, there's an implied 22.73% upside for CVR Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CVR Energy (NYSE:CVI) was reported by Scotiabank on October 10, 2024. The analyst firm set a price target for $21.00 expecting CVI to rise to within 12 months (a possible 12.06% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for CVR Energy (NYSE:CVI) was provided by Scotiabank, and CVR Energy maintained their sector underperform rating.
The last upgrade for CVR Energy Inc happened on January 13, 2022 when Scotiabank raised their price target to $20. Scotiabank previously had a sector underperform for CVR Energy Inc.
The last downgrade for CVR Energy Inc happened on January 16, 2024 when Scotiabank changed their price target from $28 to $25 for CVR Energy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CVR Energy, 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 CVR Energy was filed on October 10, 2024 so you should expect the next rating to be made available sometime around October 10, 2025.
While ratings are subjective and will change, the latest CVR Energy (CVI) rating was a maintained with a price target of $25.00 to $21.00. The current price CVR Energy (CVI) is trading at is $18.74, which is out of the analyst’s predicted range.
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