Nouveau Monde Graphite Inc has a consensus price target of $5.13 based on the ratings of 2 analysts. The high is $7 issued by B. Riley Securities on October 27, 2022. The low is $3.25 issued by HC Wainwright & Co. on May 30, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on May 30, 2024, November 13, 2023, and August 23, 2023, respectively. With an average price target of $6.75 between HC Wainwright & Co., there's an implied 311.59% upside for Nouveau Monde Graphite Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/30/2024 | Buy Now | 98.17% | HC Wainwright & Co. | Heiko Ihle | $8 → $3.25 | Maintains | Buy | Get Alert |
11/13/2023 | Buy Now | 387.8% | HC Wainwright & Co. | Heiko Ihle | $9 → $8 | Maintains | Buy | Get Alert |
08/23/2023 | Buy Now | 448.78% | HC Wainwright & Co. | Heiko Ihle | → $9 | Reiterates | Buy → Buy | Get Alert |
05/19/2023 | Buy Now | 448.78% | HC Wainwright & Co. | Heiko Ihle | $17 → $9 | Maintains | Buy | Get Alert |
02/28/2023 | Buy Now | 936.59% | HC Wainwright & Co. | Heiko Ihle | → $17 | Reiterates | → Buy | Get Alert |
02/08/2023 | Buy Now | 936.59% | HC Wainwright & Co. | Heiko Ihle | → $17 | Initiates | → Buy | Get Alert |
10/27/2022 | Buy Now | 326.83% | B. Riley Securities | Matthew Key | → $7 | Assumes | → Buy | Get Alert |
The latest price target for Nouveau Monde Graphite (NYSE:NMG) was reported by HC Wainwright & Co. on May 30, 2024. The analyst firm set a price target for $3.25 expecting NMG to rise to within 12 months (a possible 98.17% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Nouveau Monde Graphite (NYSE:NMG) was provided by HC Wainwright & Co., and Nouveau Monde Graphite maintained their buy rating.
There is no last upgrade for Nouveau Monde Graphite
There is no last downgrade for Nouveau Monde Graphite.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nouveau Monde Graphite, 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 Nouveau Monde Graphite was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.
While ratings are subjective and will change, the latest Nouveau Monde Graphite (NMG) rating was a maintained with a price target of $8.00 to $3.25. The current price Nouveau Monde Graphite (NMG) is trading at is $1.64, which is out of the analyst’s predicted range.
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