Metals Acquisition Ltd has a consensus price target of $14 based on the ratings of 3 analysts. The high is $17 issued by Scotiabank on May 30, 2024. The low is $12 issued by BMO Capital on May 21, 2024. The 3 most-recent analyst ratings were released by Scotiabank, BMO Capital, and Scotiabank on May 30, 2024, May 21, 2024, and March 4, 2024, respectively. With an average price target of $14.5 between Scotiabank, BMO Capital, and Scotiabank, there's an implied 13.90% upside for Metals Acquisition Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/30/2024 | Buy Now | 33.54% | Scotiabank | Eric Winmill | $15.5 → $17 | Maintains | Sector Outperform | Get Alert |
05/21/2024 | Buy Now | -5.73% | BMO Capital | Jackie Przybylowski | $13 → $12 | Downgrade | Outperform → Market Perform | Get Alert |
03/04/2024 | Buy Now | 13.9% | Scotiabank | Eric Winmill | → $14.5 | Initiates | → Sector Outperform | Get Alert |
08/17/2023 | Buy Now | 9.98% | BMO Capital | Jackie Przybylowski | → $14 | Initiates | → Outperform | Get Alert |
07/25/2023 | Buy Now | 2.12% | Canaccord Genuity | Timothy Hoff | → $13 | Initiates | → Buy | Get Alert |
The latest price target for Metals Acquisition (NYSE:MTAL) was reported by Scotiabank on May 30, 2024. The analyst firm set a price target for $17.00 expecting MTAL to rise to within 12 months (a possible 33.54% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Metals Acquisition (NYSE:MTAL) was provided by Scotiabank, and Metals Acquisition maintained their sector outperform rating.
There is no last upgrade for Metals Acquisition
The last downgrade for Metals Acquisition Ltd happened on May 21, 2024 when BMO Capital changed their price target from $13 to $12 for Metals Acquisition Ltd.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Metals Acquisition, 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 Metals Acquisition was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.
While ratings are subjective and will change, the latest Metals Acquisition (MTAL) rating was a maintained with a price target of $15.50 to $17.00. The current price Metals Acquisition (MTAL) is trading at is $12.73, which is out of the analyst’s predicted range.
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