Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Matador Resources Co has a consensus price target of $73.59 based on the ratings of 19 analysts. The high is $87 issued by Wells Fargo on October 1, 2024. The low is $58 issued by Stifel on February 23, 2022. The 3 most-recent analyst ratings were released by JP Morgan, RBC Capital, and Stephens & Co. on October 30, 2024, October 24, 2024, and October 23, 2024, respectively. With an average price target of $73 between JP Morgan, RBC Capital, and Stephens & Co., there's an implied 21.34% upside for Matador Resources Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Matador Resources (NYSE:MTDR) was reported by JP Morgan on October 30, 2024. The analyst firm set a price target for $71.00 expecting MTDR to rise to within 12 months (a possible 18.02% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Matador Resources (NYSE:MTDR) was provided by JP Morgan, and Matador Resources maintained their overweight rating.
The last upgrade for Matador Resources Co happened on August 16, 2023 when Mizuho raised their price target to N/A. Mizuho previously had a neutral for Matador Resources Co.
There is no last downgrade for Matador Resources.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matador 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 Matador Resources was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Matador Resources (MTDR) rating was a maintained with a price target of $77.00 to $71.00. The current price Matador Resources (MTDR) is trading at is $60.16, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.