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PEDEVCO Analyst Ratings

Benzinga ·  Aug 15, 2023 11:59
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/15/2023 177.72% EF Hutton $2.75 → $2.5 Maintains Buy
07/05/2023 166.61% EF Hutton → $2.4 Assumes → Buy
05/25/2023 166.61% EF Hutton → $2.4 Assumes → Buy
05/16/2023 166.61% EF Hutton → $2.4 Reiterates Buy → Buy
03/30/2023 166.61% EF Hutton → $2.4 Reiterates → Buy
03/23/2023 166.61% EF Hutton → $2.4 Reiterates → Buy
12/22/2022 166.61% EF Hutton → $2.4 Assumes → Buy
01/28/2022 122.17% EF Hutton → $2 Initiates Coverage On → Buy
01/24/2022 116.62% Roth Capital → $1.95 Initiates Coverage On → Buy

What is the target price for PEDEVCO (PED)?

The latest price target for PEDEVCO (AMEX: PED) was reported by EF Hutton on August 15, 2023. The analyst firm set a price target for $2.50 expecting PED to rise to within 12 months (a possible 177.72% upside). 7 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for PEDEVCO (PED)?

The latest analyst rating for PEDEVCO (AMEX: PED) was provided by EF Hutton, and PEDEVCO maintained their buy rating.

When is the next analyst rating going to be posted or updated for PEDEVCO (PED)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PEDEVCO, 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 PEDEVCO was filed on August 15, 2023 so you should expect the next rating to be made available sometime around August 15, 2024.

Is the Analyst Rating PEDEVCO (PED) correct?

While ratings are subjective and will change, the latest PEDEVCO (PED) rating was a maintained with a price target of $2.75 to $2.50. The current price PEDEVCO (PED) is trading at is $0.90, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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