| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/10/2022 | 3.53% | Barclays | $28 → $22 | Downgrades | Overweight → Equal-Weight |
| 08/31/2022 | 31.76% | Barclays | $38 → $28 | Maintains | Overweight |
| 10/05/2020 | 78.82% | Barclays | → $38 | Initiates Coverage On | → Overweight |
| 07/08/2020 | 88.24% | Craig-Hallum | → $40 | Initiates Coverage On | → Buy |
| 11/26/2019 | 88.24% | Buckingham Research | → $40 | Initiates Coverage On | → Buy |
| 10/21/2019 | 78.82% | B. Riley Securities | $56 → $38 | Maintains | Buy |
| 10/08/2018 | 111.76% | B. Riley Securities | $35 → $45 | Maintains | Buy |
| 07/18/2018 | 60% | B. Riley Securities | $30 → $34 | Maintains | Buy |
Turning Point Brands Questions & Answers
The latest price target for Turning Point Brands (NYSE: TPB) was reported by Barclays on October 10, 2022. The analyst firm set a price target for $22.00 expecting TPB to rise to within 12 months (a possible 3.53% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Turning Point Brands (NYSE: TPB) was provided by Barclays, and Turning Point Brands downgraded their equal-weight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Turning Point Brands, 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 Turning Point Brands was filed on October 10, 2022 so you should expect the next rating to be made available sometime around October 10, 2023.
While ratings are subjective and will change, the latest Turning Point Brands (TPB) rating was a downgraded with a price target of $28.00 to $22.00. The current price Turning Point Brands (TPB) is trading at is $21.25, which is out of the analyst's predicted range.