Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/11/2023 | 44.28% | B. Riley Securities | $55 → $50 | Maintains | Buy |
03/17/2022 | 29.85% | B. Riley Securities | → $45 | Initiates Coverage On | → Buy |
What is the target price for Adams Resources & Energy (AE)?
The latest price target for Adams Resources & Energy (AMEX: AE) was reported by B. Riley Securities on August 11, 2023. The analyst firm set a price target for $50.00 expecting AE to rise to within 12 months (a possible 44.28% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Adams Resources & Energy (AE)?
The latest analyst rating for Adams Resources & Energy (AMEX: AE) was provided by B. Riley Securities, and Adams Resources & Energy maintained their buy rating.
When is the next analyst rating going to be posted or updated for Adams Resources & Energy (AE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Adams Resources & Energy, 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 Adams Resources & Energy was filed on August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.
Is the Analyst Rating Adams Resources & Energy (AE) correct?
While ratings are subjective and will change, the latest Adams Resources & Energy (AE) rating was a maintained with a price target of $55.00 to $50.00. The current price Adams Resources & Energy (AE) is trading at is $34.66, which is out of the analyst's predicted range.