PEDEVCO Corp has a consensus price target of $1.99 based on the ratings of 6 analysts. The high is $2.5 issued by EF Hutton on September 14, 2023. The low is $1.5 issued by D. Boral Capital on November 20, 2024. The 3 most-recent analyst ratings were released by D. Boral Capital, Alliance Global Partners, and EF Hutton on November 20, 2024, July 17, 2024, and May 16, 2024, respectively. With an average price target of $1.83 between D. Boral Capital, Alliance Global Partners, and EF Hutton, there's an implied 106.02% upside for PEDEVCO Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PEDEVCO (AMEX:PED) was reported by D. Boral Capital on November 20, 2024. The analyst firm set a price target for $1.50 expecting PED to rise to within 12 months (a possible 69.26% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for PEDEVCO (AMEX:PED) was provided by D. Boral Capital, and PEDEVCO maintained their buy rating.
There is no last upgrade for PEDEVCO
There is no last downgrade for PEDEVCO.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PEDEVCO, 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 PEDEVCO was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest PEDEVCO (PED) rating was a maintained with a price target of $2.25 to $1.50. The current price PEDEVCO (PED) is trading at is $0.89, which is out of the analyst’s predicted range.
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