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Tamboran Resources Corp has a consensus price target of $34.67 based on the ratings of 3 analysts. The high is $41 issued by Piper Sandler on July 22, 2024. The low is $31 issued by RBC Capital on October 15, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Citigroup, and RBC Capital on October 15, 2024, July 22, 2024, and July 22, 2024, respectively. With an average price target of $31.33 between RBC Capital, Citigroup, and RBC Capital, there's an implied 75.83% upside for Tamboran Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tamboran Resources (NYSE:TBN) was reported by RBC Capital on October 15, 2024. The analyst firm set a price target for $31.00 expecting TBN to rise to within 12 months (a possible 61.54% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Tamboran Resources (NYSE:TBN) was provided by RBC Capital, and Tamboran Resources reiterated their sector perform rating.
There is no last upgrade for Tamboran Resources
There is no last downgrade for Tamboran Resources.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tamboran Resources, 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 Tamboran Resources was filed on October 15, 2024 so you should expect the next rating to be made available sometime around October 15, 2025.
While ratings are subjective and will change, the latest Tamboran Resources (TBN) rating was a reiterated with a price target of $31.00 to $31.00. The current price Tamboran Resources (TBN) is trading at is $19.19, which is out of the analyst’s predicted range.
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