Comments
Loading...

Nouveau Monde Graphite

NMGNYSE
Logo brought to you by Benzinga Data
Q3 2024 Earnings were released on Thu Nov 14th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$7.00
Lowest Price Target1
$3.00
Consensus Price Target1
$5.00

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

Nouveau Monde Graphite Inc has a consensus price target of $5 based on the ratings of 2 analysts. The high is $7 issued by B. Riley Securities on October 27, 2022. The low is $3 issued by HC Wainwright & Co. on September 4, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on September 4, 2024, May 30, 2024, and November 13, 2023, respectively. With an average price target of $4.75 between HC Wainwright & Co., there's an implied 274.02% upside for Nouveau Monde Graphite Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for Nouveau Monde Graphite

Data brought to you by Benzinga APIs

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 September 4, 2024. The analyst firm set a price target for $3.00 expecting NMG to rise to within 12 months (a possible 136.22% upside). 2 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 September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 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 $3.25 to $3.00. The current price Nouveau Monde Graphite (NMG) is trading at is $1.27, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.