Wrap Technologies Inc has a consensus price target of $2.1 based on the ratings of 2 analysts. The high is $2.1 issued by Ladenburg Thalmann on August 12, 2022. The low is $2.1 issued by Ladenburg Thalmann on August 12, 2022. The 2 most-recent analyst ratings were released by Ladenburg Thalmann on August 12, 2022 and March 11, 2022, respectively. With an average price target of $3.67 between Ladenburg Thalmann, there's an implied 135.58% upside for Wrap Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Wrap Technologies (NASDAQ:WRAP) was reported by Ladenburg Thalmann on August 12, 2022. The analyst firm set a price target for $2.10 expecting WRAP to rise to within 12 months (a possible 34.62% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Wrap Technologies (NASDAQ:WRAP) was provided by Ladenburg Thalmann, and Wrap Technologies downgraded their neutral rating.
There is no last upgrade for Wrap Technologies
The last downgrade for Wrap Technologies Inc happened on August 12, 2022 when Ladenburg Thalmann changed their price target from $4.25 to $2.1 for Wrap Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wrap Technologies, 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 Wrap Technologies was filed on August 12, 2022 so you should expect the next rating to be made available sometime around August 12, 2023.
While ratings are subjective and will change, the latest Wrap Technologies (WRAP) rating was a downgraded with a price target of $4.25 to $2.10. The current price Wrap Technologies (WRAP) is trading at is $1.56, which is out of the analyst’s predicted range.
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