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Turning Point Brands Inc has a consensus price target of $50.5 based on the ratings of 4 analysts. The high is $65 issued by Oppenheimer on November 14, 2024. The low is $22 issued by Barclays on October 10, 2022. The 3 most-recent analyst ratings were released by Oppenheimer, Benchmark, and Roth MKM on November 14, 2024, November 12, 2024, and September 19, 2024, respectively. With an average price target of $60 between Oppenheimer, Benchmark, and Roth MKM, there's an implied -4.84% downside for Turning Point Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Turning Point Brands (NYSE:TPB) was reported by Oppenheimer on November 14, 2024. The analyst firm set a price target for $65.00 expecting TPB to rise to within 12 months (a possible 4.32% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Turning Point Brands (NYSE:TPB) was provided by Oppenheimer, and Turning Point Brands initiated their outperform 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 November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Turning Point Brands (TPB) rating was a initiated with a price target of $0.00 to $65.00. The current price Turning Point Brands (TPB) is trading at is $62.31, which is within the analyst’s predicted range.
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