Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/21/2023 | 224.59% | HC Wainwright & Co. | $4.5 → $2.5 | Maintains | Buy |
07/06/2023 | 484.26% | HC Wainwright & Co. | → $4.5 | Reiterates | Buy → Buy |
05/12/2023 | 484.26% | HC Wainwright & Co. | $7.75 → $4.5 | Maintains | Buy |
02/22/2023 | 906.23% | HC Wainwright & Co. | → $7.75 | Reiterates | → Buy |
11/16/2022 | 906.23% | HC Wainwright & Co. | → $7.75 | Initiates Coverage On | → Buy |
04/28/2022 | 1328.2% | Alliance Global Partners | → $11 | Initiates Coverage On | → Buy |
What is the target price for Electra Battery Materials (ELBM)?
The latest price target for Electra Battery Materials (NASDAQ: ELBM) was reported by HC Wainwright & Co. on August 21, 2023. The analyst firm set a price target for $2.50 expecting ELBM to rise to within 12 months (a possible 224.59% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Electra Battery Materials (ELBM)?
The latest analyst rating for Electra Battery Materials (NASDAQ: ELBM) was provided by HC Wainwright & Co., and Electra Battery Materials maintained their buy rating.
When is the next analyst rating going to be posted or updated for Electra Battery Materials (ELBM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Electra Battery Materials, 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 Electra Battery Materials was filed on August 21, 2023 so you should expect the next rating to be made available sometime around August 21, 2024.
Is the Analyst Rating Electra Battery Materials (ELBM) correct?
While ratings are subjective and will change, the latest Electra Battery Materials (ELBM) rating was a maintained with a price target of $4.50 to $2.50. The current price Electra Battery Materials (ELBM) is trading at is $0.77, which is out of the analyst's predicted range.