Vertex Energy Inc has a consensus price target of $6.77 based on the ratings of 7 analysts. The high is $13 issued by Credit Suisse on December 1, 2021. The low is $2 issued by Northland Capital Markets on January 24, 2024. The 3 most-recent analyst ratings were released by Stifel, HC Wainwright & Co., and Northland Capital Markets on April 22, 2024, February 29, 2024, and January 24, 2024, respectively. With an average price target of $3.17 between Stifel, HC Wainwright & Co., and Northland Capital Markets, there's an implied 608.59% upside for Vertex Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vertex Energy (NASDAQ:VTNR) was reported by Stifel on April 22, 2024. The analyst firm set a price target for $4.00 expecting VTNR to rise to within 12 months (a possible 795.05% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Vertex Energy (NASDAQ:VTNR) was provided by Stifel, and Vertex Energy maintained their hold rating.
The last upgrade for Vertex Energy Inc happened on March 1, 2023 when Oppenheimer raised their price target to $14. Oppenheimer previously had a perform for Vertex Energy Inc.
The last downgrade for Vertex Energy Inc happened on January 24, 2024 when Northland Capital Markets changed their price target from N/A to $2 for Vertex Energy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vertex Energy, 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 Vertex Energy was filed on April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
While ratings are subjective and will change, the latest Vertex Energy (VTNR) rating was a maintained with a price target of $4.00 to $4.00. The current price Vertex Energy (VTNR) is trading at is $0.45, which is out of the analyst’s predicted range.
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