NioCorp Developments Ltd has a consensus price target of $8.5 based on the ratings of 1 analysts. The high is $8.5 issued by HC Wainwright & Co. on May 22, 2024. The low is $8.5 issued by HC Wainwright & Co. on May 22, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on May 22, 2024, October 19, 2023, and August 29, 2023, respectively. With an average price target of $11.17 between HC Wainwright & Co., there's an implied 448.73% upside for NioCorp Developments Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/22/2024 | Buy Now | 317.69% | HC Wainwright & Co. | Heiko Ihle | $12 → $8 | Maintains | Buy | Get Alert |
10/19/2023 | Buy Now | 489.68% | HC Wainwright & Co. | Heiko Ihle | $13 → $12 | Maintains | Buy | Get Alert |
08/29/2023 | Buy Now | 538.82% | HC Wainwright & Co. | Heiko Ihle | → $13 | Reiterates | Buy → Buy | Get Alert |
06/08/2023 | Buy Now | 538.82% | HC Wainwright & Co. | Heiko Ihle | $14 → $13 | Maintains | Buy | Get Alert |
The latest price target for NioCorp Developments (NASDAQ:NB) was reported by HC Wainwright & Co. on May 22, 2024. The analyst firm set a price target for $8.50 expecting NB to rise to within 12 months (a possible 342.69% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for NioCorp Developments (NASDAQ:NB) was provided by HC Wainwright & Co., and NioCorp Developments maintained their buy rating.
There is no last upgrade for NioCorp Developments
There is no last downgrade for NioCorp Developments.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NioCorp Developments, 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 NioCorp Developments was filed on May 22, 2024 so you should expect the next rating to be made available sometime around May 22, 2025.
While ratings are subjective and will change, the latest NioCorp Developments (NB) rating was a maintained with a price target of $12.00 to $8.50. The current price NioCorp Developments (NB) is trading at is $1.92, which is out of the analyst’s predicted range.
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