Salem Media Group Inc has a consensus price target of $5.25 based on the ratings of 2 analysts. The high is $6 issued by Spartan Securities Group on December 22, 2021. The low is $4.5 issued by EF Hutton on May 10, 2023. The 3 most-recent analyst ratings were released by EF Hutton on May 10, 2023, November 7, 2022, and March 8, 2022, respectively. With an average price target of $5.17 between EF Hutton, there's an implied 1926.14% upside for Salem Media Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Salem Media Group (OTCQX:SALM) was reported by EF Hutton on May 10, 2023. The analyst firm set a price target for $4.50 expecting SALM to rise to within 12 months (a possible 1664.71% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Salem Media Group (OTCQX:SALM) was provided by EF Hutton, and Salem Media Group maintained their buy rating.
There is no last upgrade for Salem Media Group
There is no last downgrade for Salem Media Group.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Salem Media Group, 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 Salem Media Group was filed on May 10, 2023 so you should expect the next rating to be made available sometime around May 10, 2024.
While ratings are subjective and will change, the latest Salem Media Group (SALM) rating was a maintained with a price target of $5.00 to $4.50. The current price Salem Media Group (SALM) is trading at is $0.26, which is out of the analyst’s predicted range.
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