FREYR Battery Inc has a consensus price target of $7.97 based on the ratings of 7 analysts. The high is $18 issued by Credit Suisse on December 7, 2022. The low is $1.9 issued by B of A Securities on November 10, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, B of A Securities, and Goldman Sachs on November 14, 2023, November 10, 2023, and July 18, 2023, respectively. With an average price target of $4.63 between Morgan Stanley, B of A Securities, and Goldman Sachs, there's an implied 54.44% upside for FREYR Battery Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for FREYR Battery (NYSE:FREY) was reported by Morgan Stanley on November 14, 2023. The analyst firm set a price target for $2.00 expecting FREY to fall to within 12 months (a possible -33.33% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for FREYR Battery (NYSE:FREY) was provided by Morgan Stanley, and FREYR Battery downgraded their equal-weight rating.
The last upgrade for FREYR Battery Inc happened on June 29, 2023 when Morgan Stanley raised their price target to $13. Morgan Stanley previously had an equal-weight for FREYR Battery Inc.
The last downgrade for FREYR Battery Inc happened on November 14, 2023 when Morgan Stanley changed their price target from $13 to $2 for FREYR Battery Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of FREYR Battery, 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 FREYR Battery was filed on November 14, 2023 so you should expect the next rating to be made available sometime around November 14, 2024.
While ratings are subjective and will change, the latest FREYR Battery (FREY) rating was a downgraded with a price target of $13.00 to $2.00. The current price FREYR Battery (FREY) is trading at is $3.00, which is out of the analyst’s predicted range.
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