Granite Ridge Resources, Inc. (GRNT)
(Delayed Data from NYSE)
$5.87 USD
-0.24 (-3.93%)
Updated Sep 26, 2024 04:00 PM ET
After-Market: $5.85 -0.02 (-0.34%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum A VGM
Granite Ridge Resources, Inc. (GRNT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.76 | $8.80 | $7.00 | 27.00% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Granite Ridge Resources, Inc. comes to $7.76. The forecasts range from a low of $7.00 to a high of $8.80. The average price target represents an increase of 27% from the last closing price of $6.11.
Analyst Price Targets (5 )
Broker Rating
Granite Ridge Resources, Inc. currently has an average brokerage recommendation (ABR) of 1.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 1.80 a month ago based on five recommendations.
Of the five recommendations deriving the current ABR, three are Strong Buy, representing 60% of all recommendations. A month ago, Strong Buy represented 60%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.80 | 1.80 | 1.80 | 1.80 | 1.80 |
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 |
---|---|---|---|---|
9/18/2024 | Capital One Securities | Phillips L Johnston | Strong Buy | Strong Buy |
5/15/2024 | Roth Capital Partners | John M White | Not Available | 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 | 1.80 |
ABR (Last week) | 1.80 |
# of Recs in ABR | 5 |
Average Target Price | $7.76 |
LT Growth Rate | 7.00% |
Industry | Oil and Gas - Exploration and Production - United States |
Industry Rank by ABR | 209 of 253 |
Current Quarter EPS Est: | 0.14 |
GRNT FAQs
Granite Ridge Resources, Inc. (GRNT) currently has an average brokerage recommendation (ABR) of 1.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 5 brokerage firms.
The average price target for Granite Ridge Resources, Inc. (GRNT) is $7.76. The current on short-term price targets is based on 3 reports.
The forecasts for Granite Ridge Resources, Inc. (GRNT) range from a low of $7 to a high of $8.8. The average price target represents a increase of $32.20 from the last closing price of $5.87.
The current UPSIDE for Granite Ridge Resources, Inc. (GRNT) is 32.20%
Based on short-term price targets offered by five analysts, the average price target for Granite Ridge Resources, Inc. comes to $7.76. The forecasts range from a low of $7.00 to a high of $8.80. The average price target represents an increase of 27% from the last closing price of $6.11.