Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/15/2023 | 9.17% | TD Cowen | $5 → $2.5 | Downgrades | Outperform → Market Perform |
11/09/2022 | 74.67% | Alliance Global Partners | $5 → $4 | Maintains | Buy |
07/21/2022 | 118.34% | Alliance Global Partners | → $5 | Initiates Coverage On | → Buy |
06/15/2022 | 118.34% | Craig-Hallum | → $5 | Initiates Coverage On | → Buy |
03/08/2022 | 162.01% | Roth Capital | → $6 | Initiates Coverage On | → Buy |
07/23/2021 | 118.34% | Cowen & Co. | → $5 | Initiates Coverage On | → Outperform |
What is the target price for 22nd Century Group (XXII)?
The latest price target for 22nd Century Group (NASDAQ: XXII) was reported by TD Cowen on August 15, 2023. The analyst firm set a price target for $2.50 expecting XXII to rise to within 12 months (a possible 9.17% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for 22nd Century Group (XXII)?
The latest analyst rating for 22nd Century Group (NASDAQ: XXII) was provided by TD Cowen, and 22nd Century Group downgraded their market perform rating.
When is the next analyst rating going to be posted or updated for 22nd Century Group (XXII)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 22nd Century Group, 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 22nd Century Group was filed on August 15, 2023 so you should expect the next rating to be made available sometime around August 15, 2024.
Is the Analyst Rating 22nd Century Group (XXII) correct?
While ratings are subjective and will change, the latest 22nd Century Group (XXII) rating was a downgraded with a price target of $5.00 to $2.50. The current price 22nd Century Group (XXII) is trading at is $2.29, which is out of the analyst's predicted range.