Quipt Home Medical Corp has a consensus price target of $7.67 based on the ratings of 3 analysts. The high is $10 issued by Raymond James on February 16, 2024. The low is $6 issued by Canaccord Genuity on August 16, 2024. The 3 most-recent analyst ratings were released by Benchmark, Canaccord Genuity, and Benchmark on August 21, 2024, August 16, 2024, and May 20, 2024, respectively. With an average price target of $7.33 between Benchmark, Canaccord Genuity, and Benchmark, there's an implied 194.51% upside for Quipt Home Medical Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Quipt Home Medical (NASDAQ:QIPT) was reported by Benchmark on August 21, 2024. The analyst firm set a price target for $7.00 expecting QIPT to rise to within 12 months (a possible 181.12% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Quipt Home Medical (NASDAQ:QIPT) was provided by Benchmark, and Quipt Home Medical maintained their buy rating.
There is no last upgrade for Quipt Home Medical
The last downgrade for Quipt Home Medical Corp happened on February 16, 2024 when Raymond James changed their price target from $10 to $10 for Quipt Home Medical Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Quipt Home Medical, 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 Quipt Home Medical was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.
While ratings are subjective and will change, the latest Quipt Home Medical (QIPT) rating was a maintained with a price target of $9.00 to $7.00. The current price Quipt Home Medical (QIPT) is trading at is $2.49, which is out of the analyst’s predicted range.
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