Vertical Aerospace Ltd has a consensus price target of $2.33 based on the ratings of 4 analysts. The high is $4 issued by Barclays on November 15, 2022. The low is $1.5 issued by Canaccord Genuity on September 13, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity on September 13, 2024, August 16, 2024, and July 23, 2024, respectively. With an average price target of $1.5 between Canaccord Genuity, there's an implied -67.74% downside for Vertical Aerospace Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vertical Aerospace (NYSE:EVTL) was reported by Canaccord Genuity on September 13, 2024. The analyst firm set a price target for $1.50 expecting EVTL to fall to within 12 months (a possible -67.74% downside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Vertical Aerospace (NYSE:EVTL) was provided by Canaccord Genuity, and Vertical Aerospace maintained their buy rating.
The last upgrade for Vertical Aerospace Ltd happened on July 23, 2024 when Deutsche Bank raised their price target to $1.5. Deutsche Bank previously had a hold for Vertical Aerospace Ltd.
There is no last downgrade for Vertical Aerospace.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vertical Aerospace, 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 Vertical Aerospace was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
While ratings are subjective and will change, the latest Vertical Aerospace (EVTL) rating was a maintained with a price target of $1.50 to $1.50. The current price Vertical Aerospace (EVTL) is trading at is $4.65, which is out of the analyst’s predicted range.
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