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Energy Recovery
ERIINASDAQ
Energy Recovery (NASDAQ:ERII) Stock, Analyst Ratings, Price Targets, Forecasts
Energy Recovery Inc has a consensus price target of $25.25 based on the ratings of 10 analysis. The 3 most-recent analyst ratings were released by Raymond James, Evercore ISI Group, and Raymond James on July 9, 2024, February 28, 2024, and November 2, 2023, respectively. With an average price target of $21.67 between Raymond James, Evercore ISI Group, and Raymond James, there's an implied 64.14% upside for Energy Recovery Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Evercore ISI Group
Fearnleys
B. Riley Securities
1calculated from analyst ratings
Analyst Ratings for Energy Recovery
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/09/2024 | Buy Now | 59.09% | Raymond James | Pavel Molchanov | $21 → $21 | Upgrade | Outperform → Strong Buy | Get Alert |
| 02/28/2024 | Buy Now | 81.82% | Evercore ISI Group | James West | $26 → $24 | Maintains | Outperform | Get Alert |
| 11/02/2023 | Buy Now | 51.52% | Raymond James | Pavel Molchanov | $30 → $20 | Maintains | Outperform | Get Alert |
| 10/03/2023 | Buy Now | 127.27% | Raymond James | Pavel Molchanov | $32 → $30 | Maintains | Outperform | Get Alert |
| 08/03/2023 | Buy Now | 142.42% | Raymond James | Pavel Molchanov | $31 → $32 | Maintains | Outperform | Get Alert |
| 07/12/2023 | Buy Now | 134.85% | Raymond James | Pavel Molchanov | $26 → $31 | Maintains | Outperform | Get Alert |
| 05/09/2023 | Buy Now | 112.12% | Fearnleys | Nils Thommesen | → $28 | Upgrade | Hold → Buy | Get Alert |
| 04/05/2023 | Buy Now | 96.97% | Raymond James | Pavel Molchanov | $23 → $26 | Maintains | Outperform | Get Alert |
| 11/17/2022 | Buy Now | 112.12% | B. Riley Securities | Ryan Pfingst | → $28 | Initiates | → Buy | Get Alert |
| 11/08/2022 | Buy Now | 74.24% | Raymond James | Pavel Molchanov | → $23 | Upgrade | Market Perform → Outperform | Get Alert |
FAQ
What is the target price for Energy Recovery (ERII) stock?
The latest price target for Energy Recovery (NASDAQ:ERII) was reported by Raymond James on July 9, 2024. The analyst firm set a price target for $21.00 expecting ERII to rise to within 12 months (a possible 59.09% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Energy Recovery (ERII)?
The latest analyst rating for Energy Recovery (NASDAQ:ERII) was provided by Raymond James, and Energy Recovery upgraded their strong buy rating.
When was the last upgrade for Energy Recovery (ERII)?
The last upgrade for Energy Recovery Inc happened on July 9, 2024 when Raymond James raised their price target to $21. Raymond James previously had an outperform for Energy Recovery Inc.
When was the last downgrade for Energy Recovery (ERII)?
There is no last downgrade for Energy Recovery.
When is the next analyst rating going to be posted or updated for Energy Recovery (ERII)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Energy Recovery, 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 Energy Recovery was filed on July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 2025.
Is the Analyst Rating Energy Recovery (ERII) correct?
While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a upgraded with a price target of $21.00 to $21.00. The current price Energy Recovery (ERII) is trading at is $13.20, which is out of the analyst’s predicted range.
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