Indonesia Energy Corp Ltd has a consensus price target of $13 based on the ratings of 2 analysts. The high is $15 issued by Noble Capital Markets on June 24, 2022. The low is $11 issued by EF Hutton on July 6, 2022. The 2 most-recent analyst ratings were released by EF Hutton and Noble Capital Markets on July 6, 2022 and June 24, 2022, respectively. With an average price target of $13 between EF Hutton and Noble Capital Markets, there's an implied 372.73% upside for Indonesia Energy Corp Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Indonesia Energy Corp (AMEX:INDO) was reported by EF Hutton on July 6, 2022. The analyst firm set a price target for $11.00 expecting INDO to rise to within 12 months (a possible 300.00% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Indonesia Energy Corp (AMEX:INDO) was provided by EF Hutton, and Indonesia Energy Corp initiated their buy rating.
The last upgrade for Indonesia Energy Corp Ltd happened on June 24, 2022 when Noble Capital Markets raised their price target to $15. Noble Capital Markets previously had a market perform for Indonesia Energy Corp Ltd.
The last downgrade for Indonesia Energy Corp Ltd happened on March 8, 2022 when Noble Capital Markets changed their price target from N/A to N/A for Indonesia Energy Corp Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Indonesia Energy Corp, 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 Indonesia Energy Corp was filed on July 6, 2022 so you should expect the next rating to be made available sometime around July 6, 2023.
While ratings are subjective and will change, the latest Indonesia Energy Corp (INDO) rating was a initiated with a price target of $0.00 to $11.00. The current price Indonesia Energy Corp (INDO) is trading at is $2.75, which is within the analyst’s predicted range.
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