Turning Point Brands Inc has a consensus price target of $33.5, established from looking at the 6 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Benchmark, and Benchmark on June 5, 2024, May 3, 2024, and March 12, 2024. With an average price target of $41.33 between Benchmark, Benchmark, and Benchmark, there's an implied 28.36% upside for Turning Point Brands Inc from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/05/2024 | Buy Now | 39.75% | Benchmark | Michael Legg | $45 → $45 | Reiterates | Buy → Buy | Get Alert |
05/03/2024 | Buy Now | 39.75% | Benchmark | Michael Legg | $34 → $45 | Maintains | Buy | Get Alert |
03/12/2024 | Buy Now | 5.59% | Benchmark | Michael Legg | → $34 | Reiterates | Buy → Buy | Get Alert |
06/06/2023 | Buy Now | -13.04% | Benchmark | Michael Legg | → $28 | Initiates | → Buy | Get Alert |
10/10/2022 | Buy Now | -31.68% | Barclays | Gaurav Jain | $28 → $22 | Downgrade | Overweight → Equal-Weight | Get Alert |
08/31/2022 | Buy Now | -13.04% | Barclays | Gaurav Jain | $38 → $28 | Maintains | Overweight | Get Alert |
The latest price target for Turning Point Brands (NYSE:TPB) was reported by Benchmark on June 5, 2024. The analyst firm set a price target for $45.00 expecting TPB to rise to within 12 months (a possible 39.75% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Turning Point Brands (NYSE:TPB) was provided by Benchmark, and Turning Point Brands reiterated their buy rating.
There is no last upgrade for Turning Point Brands
The last downgrade for Turning Point Brands Inc happened on October 10, 2022 when Barclays changed their price target from $28 to $22 for Turning Point Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Turning Point Brands, 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 Turning Point Brands was filed on June 5, 2024 so you should expect the next rating to be made available sometime around June 5, 2025.
While ratings are subjective and will change, the latest Turning Point Brands (TPB) rating was a reiterated with a price target of $45.00 to $45.00. The current price Turning Point Brands (TPB) is trading at is $32.20, which is out of the analyst’s predicted range.
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