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Pennant Group Inc has a consensus price target of $30.14 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 Truist Securities, Wells Fargo, and Oppenheimer on January 6, 2025, December 19, 2024, and November 8, 2024, respectively. With an average price target of $34 between Truist Securities, Wells Fargo, and Oppenheimer, there's an implied 28.45% 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 Truist Securities on January 6, 2025. The analyst firm set a price target for $32.00 expecting PNTG to rise to within 12 months (a possible 20.89% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Pennant Gr (NASDAQ:PNTG) was provided by Truist Securities, and Pennant Gr maintained their hold 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 January 6, 2025 so you should expect the next rating to be made available sometime around January 6, 2026.
While ratings are subjective and will change, the latest Pennant Gr (PNTG) rating was a maintained with a price target of $38.00 to $32.00. The current price Pennant Gr (PNTG) is trading at is $26.47, which is out of the analyst’s predicted range.
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