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Mach Natural Resources LP has a consensus price target of $25.5 based on the ratings of 2 analysts. The high is $29 issued by Stifel on January 23, 2024. The low is $22 issued by Raymond James on September 10, 2024. The 3 most-recent analyst ratings were released by Raymond James, Stifel, and Stifel on September 10, 2024, January 23, 2024, and December 22, 2023, respectively. With an average price target of $27 between Raymond James, Stifel, and Stifel, there's an implied 60.52% upside for Mach Natural Resources LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Mach Natural Resources (NYSE:MNR) was reported by Raymond James on September 10, 2024. The analyst firm set a price target for $22.00 expecting MNR to rise to within 12 months (a possible 30.80% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Mach Natural Resources (NYSE:MNR) was provided by Raymond James, and Mach Natural Resources maintained their strong buy rating.
There is no last upgrade for Mach Natural Resources
There is no last downgrade for Mach Natural Resources.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mach Natural 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 Mach Natural Resources was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest Mach Natural Resources (MNR) rating was a maintained with a price target of $27.00 to $22.00. The current price Mach Natural Resources (MNR) is trading at is $16.82, which is out of the analyst’s predicted range.
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