$5.15
-0.22-4.10%
At Close: -
$5.15
00.00%
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Montauk Renewables
MNTKNASDAQ
Montauk Renewables (NASDAQ:MNTK) Stock, Analyst Ratings, Price Targets, Forecasts
Montauk Renewables Inc has a consensus price target of $7.13 based on the ratings of 9 analysis. The 3 most-recent analyst ratings were released by B. Riley Securities, Scotiabank, and B. Riley Securities on May 7, 2024, April 11, 2024, and March 7, 2024, respectively. With an average price target of $7 between B. Riley Securities, Scotiabank, and B. Riley Securities, there's an implied 35.92% upside for Montauk Renewables Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
B. Riley Securities
Scotiabank
Tudor Pickering
UBS
1calculated from analyst ratings
Analyst Ratings for Montauk Renewables
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/07/2024 | Buy Now | 16.5% | B. Riley Securities | Ryan Pfingst | $7 → $6 | Maintains | Neutral | Get Alert |
| 04/11/2024 | Buy Now | 55.34% | Scotiabank | Paul Cheng | $9 → $8 | Maintains | Sector Outperform | Get Alert |
| 03/07/2024 | Buy Now | 35.92% | B. Riley Securities | Ryan Pfingst | $8 → $7 | Maintains | Neutral | Get Alert |
| 11/13/2023 | Buy Now | 74.76% | Scotiabank | Paul Cheng | → $9 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 09/29/2023 | Buy Now | — | Scotiabank | Paul Cheng | — | Initiates | → Sector Perform | Get Alert |
| 06/27/2023 | Buy Now | 26.21% | B. Riley Securities | Ryan Pfingst | → $6.5 | Initiates | → Neutral | Get Alert |
| 05/12/2023 | Buy Now | 45.63% | Tudor Pickering | Matthew Blair | $5 → $7.5 | Upgrade | Sell → Hold | Get Alert |
| 04/13/2023 | Buy Now | 35.92% | UBS | Manav Gupta | $9 → $7 | Upgrade | Sell → Neutral | Get Alert |
| 12/14/2022 | Buy Now | 74.76% | UBS | Manav Gupta | → $9 | Initiates | → Sell | Get Alert |
FAQ
What is the target price for Montauk Renewables (MNTK) stock?
The latest price target for Montauk Renewables (NASDAQ:MNTK) was reported by B. Riley Securities on May 7, 2024. The analyst firm set a price target for $6.00 expecting MNTK to rise to within 12 months (a possible 16.50% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Montauk Renewables (MNTK)?
The latest analyst rating for Montauk Renewables (NASDAQ:MNTK) was provided by B. Riley Securities, and Montauk Renewables maintained their neutral rating.
When was the last upgrade for Montauk Renewables (MNTK)?
The last upgrade for Montauk Renewables Inc happened on November 13, 2023 when Scotiabank raised their price target to $9. Scotiabank previously had a sector perform for Montauk Renewables Inc.
When was the last downgrade for Montauk Renewables (MNTK)?
There is no last downgrade for Montauk Renewables.
When is the next analyst rating going to be posted or updated for Montauk Renewables (MNTK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Montauk Renewables, 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 Montauk Renewables was filed on May 7, 2024 so you should expect the next rating to be made available sometime around May 7, 2025.
Is the Analyst Rating Montauk Renewables (MNTK) correct?
While ratings are subjective and will change, the latest Montauk Renewables (MNTK) rating was a maintained with a price target of $7.00 to $6.00. The current price Montauk Renewables (MNTK) is trading at is $5.15, which is out of the analyst’s predicted range.
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