Golden Ocean Group Ltd has a consensus price target of $16.75 based on the ratings of 3 analysts. The high is $18 issued by HC Wainwright & Co. on May 20, 2022. The low is $15.5 issued by Jefferies on May 22, 2024. The 3 most-recent analyst ratings were released by Jefferies on May 22, 2024, February 28, 2024, and October 24, 2023, respectively. With an average price target of $13.83 between Jefferies, there's an implied 6.74% upside for Golden Ocean Group Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/22/2024 | Buy Now | 19.6% | Jefferies | Omar Nokta | → $15.5 | Downgrade | Buy → Hold | Get Alert |
02/28/2024 | Buy Now | 15.74% | Jefferies | Omar Nokta | → $15 | Reiterates | Buy → Buy | Get Alert |
01/05/2024 | Buy Now | — | BTIG | Gregory Lewis | — | Downgrade | Buy → Neutral | Get Alert |
10/24/2023 | Buy Now | -15.12% | Jefferies | Omar Nokta | $8 → $11 | Upgrade | Hold → Buy | Get Alert |
08/29/2023 | Buy Now | -38.27% | Jefferies | Omar Nokta | $8.5 → $8 | Maintains | Hold | Get Alert |
07/21/2023 | Buy Now | -22.84% | BTIG | Gregory Lewis | $14 → $10 | Maintains | Buy | Get Alert |
06/06/2023 | Buy Now | -30.56% | Jefferies | Omar Nokta | $9.5 → $9 | Maintains | Hold | Get Alert |
02/16/2023 | Buy Now | -26.7% | Jefferies | Omar Nokta | → $9.5 | Reiterates | → Hold | Get Alert |
09/26/2022 | Buy Now | -22.84% | Jefferies | Omar Nokta | $14 → $10 | Downgrade | Buy → Hold | Get Alert |
07/21/2022 | Buy Now | 8.02% | Jefferies | Omar Nokta | → $14 | Initiates | → Buy | Get Alert |
05/20/2022 | Buy Now | 38.89% | HC Wainwright & Co. | Magnus Fyhr | $13 → $18 | Maintains | Neutral | Get Alert |
The latest price target for Golden Ocean Group (NASDAQ:GOGL) was reported by Jefferies on May 22, 2024. The analyst firm set a price target for $15.50 expecting GOGL to rise to within 12 months (a possible 19.60% 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 downgraded 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 May 22, 2024 when Jefferies changed their price target from N/A to $15.5 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 May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.
While ratings are subjective and will change, the latest Golden Ocean Group (GOGL) rating was a downgraded with a price target of $0.00 to $15.50. The current price Golden Ocean Group (GOGL) is trading at is $12.96, which is within the analyst’s predicted range.
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