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Pennant Group Inc has a consensus price target of $31 based on the ratings of 7 analysts. The high is $40 issued by Stephens & Co. on October 9, 2024. The low is $15 issued by Truist Securities on February 27, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Oppenheimer, and RBC Capital on December 19, 2024, November 8, 2024, and October 23, 2024, respectively. With an average price target of $36 between Wells Fargo, Oppenheimer, and RBC Capital, there's an implied 31.48% upside for Pennant Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pennant Gr (NASDAQ:PNTG) was reported by Wells Fargo on December 19, 2024. The analyst firm set a price target for $33.00 expecting PNTG to rise to within 12 months (a possible 20.52% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Pennant Gr (NASDAQ:PNTG) was provided by Wells Fargo, and Pennant Gr initiated their equal-weight rating.
The last upgrade for Pennant Group Inc happened on January 5, 2024 when Stephens & Co. raised their price target to $18. Stephens & Co. previously had an equal-weight for Pennant Group Inc.
The last downgrade for Pennant Group Inc happened on June 21, 2022 when Stephens & Co. changed their price target from $23 to $17 for Pennant Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pennant Gr, 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 Pennant Gr was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Pennant Gr (PNTG) rating was a initiated with a price target of $0.00 to $33.00. The current price Pennant Gr (PNTG) is trading at is $27.38, which is within the analyst’s predicted range.
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