Granite Ridge Resources, Inc. (GRNT)
(Real Time Quote from BATS)
$6.38 USD
-0.18 (-2.74%)
Updated Jun 4, 2024 01:08 PM ET
4-Sell of 5 4
B Value B Growth B Momentum A VGM
Granite Ridge Resources, Inc. (GRNT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$8.20 | $8.80 | $8.00 | 25.00% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Granite Ridge Resources, Inc. comes to $8.20. The forecasts range from a low of $8.00 to a high of $8.80. The average price target represents an increase of 25% from the last closing price of $6.56.
Analyst Price Targets (4 )
Broker Rating
Granite Ridge Resources, Inc. currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 1.67 a month ago based on three recommendations.
Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. A month ago, Strong Buy represented 66.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 2 | 2 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.50 | 1.50 | 1.67 | 1.00 | 1.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/15/2024 | Roth Capital Partners | John M White | Not Available | Strong Buy |
5/1/2024 | Capital One Securities | Phillips L Johnston | Strong Buy | Strong Buy |
4/29/2024 | Evercore Partners | Stephen Richardson | Not Available | Hold |
4/1/2024 | Stephens | Michael Scialla | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.50 |
ABR (Last week) | 1.50 |
# of Recs in ABR | 4 |
Average Target Price | $8.20 |
LT Growth Rate | NA |
Industry | Oil and Gas - Exploration and Production - United States |
Industry Rank by ABR | 159 of 252 |
Current Quarter EPS Est: | 0.15 |