Nouveau Monde Graphite

NMGNYSE
$1.87
0.021.08%
At Close: -
$1.84
-0.03-1.60%
After Hours: Jul 3, 2:06 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$16.00
Lowest Price Target1
$3.25
Consensus Price Target1
$9.31

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Nouveau Monde Graphite (NYSE:NMG) Stock, Analyst Ratings, Price Targets, Forecasts

Nouveau Monde Graphite Inc has a consensus price target of $9.31 based on the ratings of 9 analysis. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co. on May 30, 2024, November 13, 2023, and August 23, 2023, respectively. With an average price target of $6.75 between HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co., there's an implied 266.83% upside for Nouveau Monde Graphite Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
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Sell
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Analyst Rating and Forecast
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4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
B. Riley Securities
B. Riley Securities
Roth Capital

1calculated from analyst ratings

Analyst Ratings for Nouveau Monde Graphite

Buy NowGet Alert
05/30/2024Buy Now76.62%HC Wainwright & Co.
Heiko Ihle
$8 → $3.25MaintainsBuyGet Alert
11/13/2023Buy Now334.76%HC Wainwright & Co.
Heiko Ihle
$9 → $8MaintainsBuyGet Alert
08/23/2023Buy Now389.1%HC Wainwright & Co.
Heiko Ihle
→ $9ReiteratesBuy → BuyGet Alert
05/19/2023Buy Now389.1%HC Wainwright & Co.
Heiko Ihle
$17 → $9MaintainsBuyGet Alert
02/28/2023Buy Now823.86%HC Wainwright & Co.
Heiko Ihle
→ $17Reiterates → BuyGet Alert
02/08/2023Buy Now823.86%HC Wainwright & Co.
Heiko Ihle
→ $17Initiates → BuyGet Alert
10/27/2022Buy Now280.41%B. Riley Securities
Matthew Key
→ $7Assumes → BuyGet Alert
07/21/2021Buy Now769.52%B. Riley SecuritiesInitiates → BuyGet Alert
07/08/2021Buy Now497.79%Roth Capital
Joe Reagor
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Nouveau Monde Graphite (NMG) stock?

A

The latest price target for Nouveau Monde Graphite (NYSE:NMG) was reported by HC Wainwright & Co. on May 30, 2024. The analyst firm set a price target for $3.25 expecting NMG to rise to within 12 months (a possible 76.62% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Nouveau Monde Graphite (NMG)?

A

The latest analyst rating for Nouveau Monde Graphite (NYSE:NMG) was provided by HC Wainwright & Co., and Nouveau Monde Graphite maintained their buy rating.

Q

When was the last upgrade for Nouveau Monde Graphite (NMG)?

A

There is no last upgrade for Nouveau Monde Graphite

Q

When was the last downgrade for Nouveau Monde Graphite (NMG)?

A

There is no last downgrade for Nouveau Monde Graphite.

Q

When is the next analyst rating going to be posted or updated for Nouveau Monde Graphite (NMG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nouveau Monde Graphite, 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 Nouveau Monde Graphite was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.

Q

Is the Analyst Rating Nouveau Monde Graphite (NMG) correct?

A

While ratings are subjective and will change, the latest Nouveau Monde Graphite (NMG) rating was a maintained with a price target of $8.00 to $3.25. The current price Nouveau Monde Graphite (NMG) is trading at is $1.84, which is out of the analyst’s predicted range.

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