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Nouveau Monde Graphite Analyst Ratings

Benzinga ·  Aug 23, 2023 06:19
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/23/2023 252.94% HC Wainwright & Co. → $9 Reiterates Buy → Buy
05/19/2023 252.94% HC Wainwright & Co. $17 → $9 Maintains Buy
02/28/2023 566.67% HC Wainwright & Co. → $17 Reiterates → Buy
02/08/2023 566.67% HC Wainwright & Co. → $17 Initiates Coverage On → Buy
10/27/2022 174.51% B. Riley Securities → $7 Assumes → Buy
07/21/2021 527.45% B. Riley Securities → $16 Initiates Coverage On → Buy
07/08/2021 331.37% Roth Capital → $11 Initiates Coverage On → Buy

What is the target price for Nouveau Monde Graphite (NMG)?

The latest price target for Nouveau Monde Graphite (NYSE: NMG) was reported by HC Wainwright & Co. on August 23, 2023. The analyst firm set a price target for $9.00 expecting NMG to rise to within 12 months (a possible 252.94% upside). 5 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Nouveau Monde Graphite (NMG)?

The latest analyst rating for Nouveau Monde Graphite (NYSE: NMG) was provided by HC Wainwright & Co., and Nouveau Monde Graphite reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Nouveau Monde Graphite (NMG)?

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 August 23, 2023 so you should expect the next rating to be made available sometime around August 23, 2024.

Is the Analyst Rating Nouveau Monde Graphite (NMG) correct?

While ratings are subjective and will change, the latest Nouveau Monde Graphite (NMG) rating was a reiterated with a price target of $0.00 to $9.00. The current price Nouveau Monde Graphite (NMG) is trading at is $2.55, which is within the analyst's predicted range.

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