$6.39
-0.19-2.89%
At Close: -
$6.54
0.152.35%
After Hours: Jul 5, 4:15 PM EDT
15 minutes delayed
Granite Ridge Resources
GRNTNYSE
Granite Ridge Resources (NYSE:GRNT) Stock, Analyst Ratings, Price Targets, Forecasts
Granite Ridge Resources Inc has a consensus price target of $6.56 based on the ratings of 5 analysis. The 3 most-recent analyst ratings were released by B of A Securities, Roth MKM, and Evercore ISI Group on June 14, 2024, May 15, 2024, and April 29, 2024, respectively. With an average price target of $7.93 between B of A Securities, Roth MKM, and Evercore ISI Group, there's an implied 21.30% upside for Granite Ridge Resources Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Roth MKM
Evercore ISI Group
B of A Securities
Stephens & Co.
1calculated from analyst ratings
Analyst Ratings for Granite Ridge Resources
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/14/2024 | Buy Now | 7.03% | B of A Securities | Noah Hungness | → $7 | Reiterates | → Neutral | Get Alert |
| 05/15/2024 | Buy Now | 34.56% | Roth MKM | John White | → $8.8 | Initiates | → Buy | Get Alert |
| 04/29/2024 | Buy Now | 22.32% | Evercore ISI Group | Stephen Richardson | → $8 | Initiates | → In-Line | Get Alert |
| 11/07/2023 | Buy Now | 37.61% | B of A Securities | John Abbott | → $9 | Initiates | → Buy | Get Alert |
| 09/27/2023 | Buy Now | — | Stephens & Co. | Mike Scialla | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for Granite Ridge Resources (GRNT) stock?
The latest price target for Granite Ridge Resources (NYSE:GRNT) was reported by B of A Securities on June 14, 2024. The analyst firm set a price target for $7.00 expecting GRNT to rise to within 12 months (a possible 7.03% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Granite Ridge Resources (GRNT)?
The latest analyst rating for Granite Ridge Resources (NYSE:GRNT) was provided by B of A Securities, and Granite Ridge Resources reiterated their neutral rating.
When was the last upgrade for Granite Ridge Resources (GRNT)?
There is no last upgrade for Granite Ridge Resources
When was the last downgrade for Granite Ridge Resources (GRNT)?
There is no last downgrade for Granite Ridge Resources.
When is the next analyst rating going to be posted or updated for Granite Ridge Resources (GRNT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Granite Ridge Resources, 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 Granite Ridge Resources was filed on June 14, 2024 so you should expect the next rating to be made available sometime around June 14, 2025.
Is the Analyst Rating Granite Ridge Resources (GRNT) correct?
While ratings are subjective and will change, the latest Granite Ridge Resources (GRNT) rating was a reiterated with a price target of $0.00 to $7.00. The current price Granite Ridge Resources (GRNT) is trading at is $6.54, which is within the analyst’s predicted range.
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