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Energy Recovery Analyst Ratings

Benzinga ·  Jul 12, 2023 19:42
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/12/2023 9.39% Raymond James $26 → $31 Maintains Outperform
05/09/2023 -1.2% Fearnleys → $28 Upgrades Hold → Buy
04/05/2023 -8.26% Raymond James $23 → $26 Maintains Outperform
11/17/2022 -1.2% B. Riley Securities → $28 Initiates Coverage On → Buy
11/08/2022 -18.84% Raymond James → $23 Upgrades Market Perform → Outperform
07/07/2021 Raymond James Downgrades Outperform → Market Perform
05/07/2021 -18.84% Raymond James $21 → $23 Maintains Outperform
03/12/2021 -25.9% Raymond James $16 → $21 Reiterates → Outperform
01/08/2021 -43.54% Raymond James $11 → $16 Maintains Outperform
01/04/2021 Evercore ISI Group Upgrades In-Line → Outperform
06/30/2020 -66.48% B. Riley Securities → $9.5 Downgrades Buy → Neutral
03/23/2020 -57.66% B. Riley Securities $13 → $12 Maintains Buy
10/24/2019 -57.66% Raymond James → $12 Initiates Coverage On → Outperform

What is the target price for Energy Recovery (ERII)?

The latest price target for Energy Recovery (NASDAQ: ERII) was reported by Raymond James on July 12, 2023. The analyst firm set a price target for $31.00 expecting ERII to rise to within 12 months (a possible 9.39% upside). 5 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 Raymond James, and Energy Recovery maintained their outperform 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 July 12, 2023 so you should expect the next rating to be made available sometime around July 12, 2024.

Is the Analyst Rating Energy Recovery (ERII) correct?

While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a maintained with a price target of $26.00 to $31.00. The current price Energy Recovery (ERII) is trading at is $28.34, which is within the analyst's predicted range.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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