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Golden Ocean Group Ltd has a consensus price target of $14.17 based on the ratings of 4 analysts. The high is $18 issued by HC Wainwright & Co. on May 20, 2022. The low is $12 issued by Jefferies on November 27, 2024. The 3 most-recent analyst ratings were released by Jefferies, Pareto Securities, and Jefferies on November 27, 2024, November 21, 2024, and August 28, 2024, respectively. With an average price target of $13 between Jefferies, Pareto Securities, and Jefferies, there's an implied 44.77% upside for Golden Ocean Group Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Golden Ocean Group (NASDAQ:GOGL) was reported by Jefferies on November 27, 2024. The analyst firm set a price target for $12.00 expecting GOGL to rise to within 12 months (a possible 33.63% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Golden Ocean Group (NASDAQ:GOGL) was provided by Jefferies, and Golden Ocean Group maintained their hold rating.
The last upgrade for Golden Ocean Group Ltd happened on October 24, 2023 when Jefferies raised their price target to $11. Jefferies previously had a hold for Golden Ocean Group Ltd.
The last downgrade for Golden Ocean Group Ltd happened on November 21, 2024 when Pareto Securities changed their price target from N/A to $12.5 for Golden Ocean Group Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Golden Ocean Group, 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 Golden Ocean Group was filed on November 27, 2024 so you should expect the next rating to be made available sometime around November 27, 2025.
While ratings are subjective and will change, the latest Golden Ocean Group (GOGL) rating was a maintained with a price target of $12.50 to $12.00. The current price Golden Ocean Group (GOGL) is trading at is $8.98, which is out of the analyst’s predicted range.
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