Costamare Inc has a consensus price target of $12.67 based on the ratings of 3 analysts. The high is $14 issued by Stifel on July 24, 2024. The low is $11 issued by Citigroup on October 24, 2023. The 3 most-recent analyst ratings were released by Jefferies, Stifel, and Jefferies on July 31, 2024, July 24, 2024, and May 10, 2024, respectively. With an average price target of $13 between Jefferies, Stifel, and Jefferies, there's an implied -6.14% downside for Costamare Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Costamare (NYSE:CMRE) was reported by Jefferies on July 31, 2024. The analyst firm set a price target for $13.00 expecting CMRE to fall to within 12 months (a possible -7.60% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Costamare (NYSE:CMRE) was provided by Jefferies, and Costamare maintained their hold rating.
There is no last upgrade for Costamare
The last downgrade for Costamare Inc happened on April 24, 2023 when Jefferies changed their price target from $15 to $10 for Costamare Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Costamare, 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 Costamare was filed on July 31, 2024 so you should expect the next rating to be made available sometime around July 31, 2025.
While ratings are subjective and will change, the latest Costamare (CMRE) rating was a maintained with a price target of $12.00 to $13.00. The current price Costamare (CMRE) is trading at is $14.07, which is out of the analyst’s predicted range.
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