Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
11/17/2022 | 33.78% | B. Riley Securities | → $28 | Initiates Coverage On | → Buy |
11/08/2022 | 9.89% | Raymond James | → $23 | Upgrades | Market Perform → Outperform |
07/07/2021 | — | Raymond James | Downgrades | Outperform → Market Perform | |
05/07/2021 | 9.89% | Raymond James | $21 → $23 | Maintains | Outperform |
03/12/2021 | 0.33% | Raymond James | $16 → $21 | Reiterates | → Outperform |
01/08/2021 | -23.55% | Raymond James | $11 → $16 | Maintains | Outperform |
01/04/2021 | — | Evercore ISI Group | Upgrades | In-Line → Outperform | |
06/30/2020 | -54.61% | B. Riley Securities | → $9.5 | Downgrades | Buy → Neutral |
03/23/2020 | -42.67% | B. Riley Securities | $13 → $12 | Maintains | Buy |
10/24/2019 | -42.67% | Raymond James | → $12 | Initiates Coverage On | → Outperform |
06/15/2018 | -37.89% | JMP Securities | $15 → $13 | Maintains | Market Outperform |
What is the target price for Energy Recovery (ERII)?
The latest price target for Energy Recovery (NASDAQ: ERII) was reported by B. Riley Securities on November 17, 2022. The analyst firm set a price target for $28.00 expecting ERII to rise to within 12 months (a possible 33.78% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Energy Recovery (ERII)?
The latest analyst rating for Energy Recovery (NASDAQ: ERII) was provided by B. Riley Securities, and Energy Recovery initiated their buy rating.
When is the next analyst rating going to be posted or updated for Energy Recovery (ERII)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Energy Recovery, 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 Energy Recovery was filed on November 17, 2022 so you should expect the next rating to be made available sometime around November 17, 2023.
Is the Analyst Rating Energy Recovery (ERII) correct?
While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a initiated with a price target of $0.00 to $28.00. The current price Energy Recovery (ERII) is trading at is $20.93, which is within the analyst's predicted range.