NioCorp Developments Ltd has a consensus price target of $12, established from looking at the 3 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co. on October 19, 2023, August 29, 2023, and June 8, 2023. With an average price target of $12.67 between HC Wainwright & Co., HC Wainwright & Co., and HC Wainwright & Co., there's an implied 419.13% upside for NioCorp Developments Ltd from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
10/19/2023 | NB | Buy Now | NioCorp Developments | $2.44 | 391.8% | HC Wainwright & Co. | Heiko Ihle | $13 → $12 | Maintains | Buy | Get Alert |
08/29/2023 | NB | Buy Now | NioCorp Developments | $2.44 | 432.79% | HC Wainwright & Co. | Heiko Ihle | → $13 | Reiterates | Buy → Buy | Get Alert |
06/08/2023 | NB | Buy Now | NioCorp Developments | $2.44 | 432.79% | HC Wainwright & Co. | Heiko Ihle | $14 → $13 | Maintains | Buy | Get Alert |
The latest price target for NioCorp Developments (NASDAQ: NB) was reported by HC Wainwright & Co. on October 19, 2023. The analyst firm set a price target for $12.00 expecting NB to rise to within 12 months (a possible 391.80% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for NioCorp Developments (NASDAQ: NB) was provided by HC Wainwright & Co., and NioCorp Developments maintained their buy rating.
There is no last upgrade for NioCorp Developments.
There is no last downgrade for NioCorp Developments.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NioCorp Developments, 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 NioCorp Developments was filed on October 19, 2023 so you should expect the next rating to be made available sometime around October 19, 2024.
While ratings are subjective and will change, the latest NioCorp Developments (NB) rating was a maintained with a price target of $13.00 to $12.00. The current price NioCorp Developments (NB) is trading at is $2.44, which is out of the analyst’s predicted range.
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