Granite Ridge Resources Inc has a consensus price target of $7.95 based on the ratings of 5 analysts. The high is $9 issued by B of A Securities on November 7, 2023. The low is $7 issued by Evercore ISI Group on September 30, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, B of A Securities, and Roth MKM on September 30, 2024, June 14, 2024, and May 15, 2024, respectively. With an average price target of $7.6 between Evercore ISI Group, B of A Securities, and Roth MKM, there's an implied 19.69% upside for Granite Ridge Resources Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Granite Ridge Resources (NYSE:GRNT) was reported by Evercore ISI Group on September 30, 2024. The analyst firm set a price target for $7.00 expecting GRNT to rise to within 12 months (a possible 10.24% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Granite Ridge Resources (NYSE:GRNT) was provided by Evercore ISI Group, and Granite Ridge Resources maintained their in-line rating.
There is no last upgrade for Granite Ridge Resources
There is no last downgrade for Granite Ridge Resources.
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 September 30, 2024 so you should expect the next rating to be made available sometime around September 30, 2025.
While ratings are subjective and will change, the latest Granite Ridge Resources (GRNT) rating was a maintained with a price target of $8.00 to $7.00. The current price Granite Ridge Resources (GRNT) is trading at is $6.35, which is out of the analyst’s predicted range.
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