| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/17/2023 | 43.84% | Alliance Global Partners | → $12.5 | Upgrades | Neutral → Buy |
| 08/03/2022 | 268.24% | Alliance Global Partners | → $32 | Initiates Coverage On | → Buy |
| 10/28/2021 | 130.15% | Jefferies | → $20 | Initiates Coverage On | → Buy |
What is the target price for Grindrod Shipping Hldgs (GRIN)?
The latest price target for Grindrod Shipping Hldgs (NASDAQ: GRIN) was reported by Alliance Global Partners on July 17, 2023. The analyst firm set a price target for $12.50 expecting GRIN to rise to within 12 months (a possible 43.84% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Grindrod Shipping Hldgs (GRIN)?
The latest analyst rating for Grindrod Shipping Hldgs (NASDAQ: GRIN) was provided by Alliance Global Partners, and Grindrod Shipping Hldgs upgraded their buy rating.
When is the next analyst rating going to be posted or updated for Grindrod Shipping Hldgs (GRIN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Grindrod Shipping Hldgs, 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 Grindrod Shipping Hldgs was filed on July 17, 2023 so you should expect the next rating to be made available sometime around July 17, 2024.
Is the Analyst Rating Grindrod Shipping Hldgs (GRIN) correct?
While ratings are subjective and will change, the latest Grindrod Shipping Hldgs (GRIN) rating was a upgraded with a price target of $0.00 to $12.50. The current price Grindrod Shipping Hldgs (GRIN) is trading at is $8.69, which is within the analyst's predicted range.