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Thermon Group Holdings Inc has a consensus price target of $40 based on the ratings of 2 analysts. The high is $42 issued by CJS Securities on April 29, 2024. The low is $38 issued by Roth MKM on May 30, 2024. The 3 most-recent analyst ratings were released by Roth MKM, CJS Securities, and Roth MKM on May 30, 2024, April 29, 2024, and March 6, 2024, respectively. With an average price target of $38.67 between Roth MKM, CJS Securities, and Roth MKM, there's an implied 20.27% upside for Thermon Group Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Thermon Group Holdings (NYSE:THR) was reported by Roth MKM on May 30, 2024. The analyst firm set a price target for $38.00 expecting THR to rise to within 12 months (a possible 18.20% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Thermon Group Holdings (NYSE:THR) was provided by Roth MKM, and Thermon Group Holdings maintained their buy rating.
There is no last upgrade for Thermon Group Holdings
There is no last downgrade for Thermon Group Holdings.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Thermon Group Holdings, 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 Thermon Group Holdings was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.
While ratings are subjective and will change, the latest Thermon Group Holdings (THR) rating was a maintained with a price target of $36.00 to $38.00. The current price Thermon Group Holdings (THR) is trading at is $32.15, which is out of the analyst’s predicted range.
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