Ramaco Resources Inc has a consensus price target of $16.42 based on the ratings of 6 analysts. The high is $22 issued by B. Riley Securities on May 10, 2024. The low is $11 issued by Benchmark on August 10, 2023. The 3 most-recent analyst ratings were released by Benchmark, B. Riley Securities, and B. Riley Securities on May 10, 2024, May 10, 2024, and April 15, 2024, respectively. With an average price target of $22 between Benchmark, B. Riley Securities, and B. Riley Securities, there's an implied 92.98% upside for Ramaco Resources Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
05/10/2024 | Buy Now | 75.44% | Benchmark | Nathan Martin | $24 → $20 | Maintains | Buy | Get Alert |
05/10/2024 | Buy Now | 92.98% | B. Riley Securities | Lucas Pipes | $24 → $22 | Maintains | Buy | Get Alert |
04/15/2024 | Buy Now | 110.53% | B. Riley Securities | Lucas Pipes | $25 → $24 | Maintains | Buy | Get Alert |
03/12/2024 | Buy Now | 119.3% | B. Riley Securities | Lucas Pipes | $32 → $25 | Maintains | Buy | Get Alert |
03/11/2024 | Buy Now | 136.84% | Benchmark | Nathan Martin | $20 → $27 | Maintains | Buy | Get Alert |
02/13/2024 | Buy Now | 180.7% | B. Riley Securities | Lucas Pipes | $32 → $32 | Maintains | Buy | Get Alert |
01/16/2024 | Buy Now | 84.21% | UBS | Curt Woodworth | → $21 | Initiates | → Neutral | Get Alert |
12/07/2023 | Buy Now | 75.44% | Benchmark | Nathan Martin | $15 → $20 | Maintains | Buy | Get Alert |
11/09/2023 | Buy Now | 5.26% | BMO Capital | David Gagliano | $10 → $12 | Maintains | Market Perform | Get Alert |
10/18/2023 | Buy Now | 31.58% | Benchmark | Nathan Martin | $11 → $15 | Maintains | Buy | Get Alert |
10/04/2023 | Buy Now | 9.65% | Jefferies | Chris LaFemina | $10.5 → $12.5 | Maintains | Buy | Get Alert |
09/27/2023 | Buy Now | 31.58% | B. Riley Securities | Lucas Pipes | $11 → $15 | Maintains | Buy | Get Alert |
08/10/2023 | Buy Now | -3.51% | Benchmark | Jonathan Atkin | $13 → $11 | Maintains | Buy | Get Alert |
08/10/2023 | Buy Now | -3.51% | B. Riley Securities | Lucas Pipes | $12 → $11 | Maintains | Buy | Get Alert |
06/26/2023 | Buy Now | 5.26% | B. Riley Securities | Lucas Pipes | $13 → $12 | Maintains | Buy | Get Alert |
03/10/2023 | Buy Now | 14.04% | Benchmark | Jonathan Atkin | → $13 | Reiterates | → Buy | Get Alert |
12/09/2022 | Buy Now | 5.26% | BMO Capital | David Gagliano | $14 → $12 | Maintains | Market Perform | Get Alert |
12/09/2022 | Buy Now | 14.04% | Benchmark | Nathan Martin | $14 → $13 | Maintains | Buy | Get Alert |
11/09/2022 | Buy Now | 22.81% | BMO Capital | David Gagliano | $10 → $14 | Maintains | Market Perform | Get Alert |
08/10/2022 | Buy Now | 5.26% | BMO Capital | David Gagliano | $14 → $12 | Maintains | Market Perform | Get Alert |
08/09/2022 | Buy Now | 22.81% | BMO Capital | David Gagliano | $18 → $14 | Maintains | Market Perform | Get Alert |
06/07/2022 | Buy Now | 119.3% | Jefferies | Chris LaFemina | $16 → $25 | Upgrade | Hold → Buy | Get Alert |
03/09/2022 | Buy Now | 66.67% | Jefferies | Chris LaFemina | $16 → $19 | Maintains | Hold | Get Alert |
The latest price target for Ramaco Resources (NASDAQ:METCB) was reported by Benchmark on May 10, 2024. The analyst firm set a price target for $20.00 expecting METCB to rise to within 12 months (a possible 75.44% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Ramaco Resources (NASDAQ:METCB) was provided by Benchmark, and Ramaco Resources maintained their buy rating.
The last upgrade for Ramaco Resources Inc happened on June 7, 2022 when Jefferies raised their price target to $25. Jefferies previously had a hold for Ramaco Resources Inc.
There is no last downgrade for Ramaco Resources.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ramaco 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 Ramaco Resources was filed on May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.
While ratings are subjective and will change, the latest Ramaco Resources (METCB) rating was a maintained with a price target of $24.00 to $20.00. The current price Ramaco Resources (METCB) is trading at is $11.40, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.