Envela Corp has a consensus price target of $10 based on the ratings of 1 analysis. The 1 most-recent analyst ratings were released by Lake Street on July 28, 2021, respectively. With an average price target of $10 between Lake Street, there's an implied 103.25% upside for Envela Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/28/2021 | Buy Now | 103.25% | Lake Street | Mark Argento | — | Initiates | → Buy | Get Alert |
The latest price target for Envela (AMEX:ELA) was reported by Lake Street on July 28, 2021. The analyst firm set a price target for $10.00 expecting ELA to rise to within 12 months (a possible 103.25% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Envela (AMEX:ELA) was provided by Lake Street, and Envela initiated their buy rating.
There is no last upgrade for Envela
There is no last downgrade for Envela.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Envela, 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 Envela was filed on July 28, 2021 so you should expect the next rating to be made available sometime around July 28, 2022.
While ratings are subjective and will change, the latest Envela (ELA) rating was a initiated with a price target of $0.00 to $10.00. The current price Envela (ELA) is trading at is $4.92, which is within the analyst’s predicted range.
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