The latest price target for Envela (AMEX:ELA) was reported by Lake Street on November 6, 2024. The analyst firm set a price target for $7.00 expecting ELA to rise to within 12 months (a possible 12.54% upside). 1 analyst firms have reported ratings in the last year.

The latest analyst rating for Envela (AMEX:ELA) was provided by Lake Street, and Envela maintained 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 November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.

While ratings are subjective and will change, the latest Envela (ELA) rating was a maintained with a price target of $6.00 to $7.00. The current price Envela (ELA) is trading at is $6.22, which is within the analyst’s predicted range.