Argan Inc has a consensus price target of $77.5 based on the ratings of 2 analysts. The high is $85 issued by Lake Street on June 7, 2024. The low is $70 issued by Lake Street on April 12, 2024. The 2 most-recent analyst ratings were released by Lake Street on June 7, 2024 and April 12, 2024, respectively. With an average price target of $77.5 between Lake Street, there's an implied -12.32% downside for Argan Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Argan (NYSE:AGX) was reported by Lake Street on June 7, 2024. The analyst firm set a price target for $85.00 expecting AGX to fall to within 12 months (a possible -3.84% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Argan (NYSE:AGX) was provided by Lake Street, and Argan maintained their buy rating.
There is no last upgrade for Argan
There is no last downgrade for Argan.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Argan, 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 Argan was filed on June 7, 2024 so you should expect the next rating to be made available sometime around June 7, 2025.
While ratings are subjective and will change, the latest Argan (AGX) rating was a maintained with a price target of $70.00 to $85.00. The current price Argan (AGX) is trading at is $88.39, which is out of the analyst’s predicted range.
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