share_log

Adams Resources & Energy Analyst Ratings

Benzinga ·  Aug 12, 2023 01:13
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.

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.
    Write a comment