Genesis Energy LP has a consensus price target of $12.8 based on the ratings of 5 analysts. The high is $15 issued by RBC Capital on November 7, 2023. The low is $11 issued by Capital One on November 23, 2021. The 3 most-recent analyst ratings were released by RBC Capital on November 7, 2023, August 4, 2023, and May 5, 2023, respectively. With an average price target of $14.67 between RBC Capital, there's an implied 11.20% upside for Genesis Energy LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Genesis Energy (NYSE:GEL) was reported by RBC Capital on November 7, 2023. The analyst firm set a price target for $15.00 expecting GEL to rise to within 12 months (a possible 13.72% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Genesis Energy (NYSE:GEL) was provided by RBC Capital, and Genesis Energy maintained their outperform rating.
There is no last upgrade for Genesis Energy
The last downgrade for Genesis Energy LP happened on November 23, 2021 when Capital One changed their price target from $12 to $11 for Genesis Energy LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Genesis 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 Genesis Energy was filed on November 7, 2023 so you should expect the next rating to be made available sometime around November 7, 2024.
While ratings are subjective and will change, the latest Genesis Energy (GEL) rating was a maintained with a price target of $14.00 to $15.00. The current price Genesis Energy (GEL) is trading at is $13.19, which is out of the analyst’s predicted range.
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