Within the last quarter, TPI Composites (NASDAQ:TPIC) has observed the following analyst ratings:

In the last 3 months, 6 analysts have offered 12-month price targets for TPI Composites. The company has an average price target of $68.67 with a high of $77.00 and a low of $62.00.

This current average represents a 2.6% increase from the previous average price target of $70.5.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.