Amplify Energy Corp has a consensus price target of $10.5 based on the ratings of 4 analysts. The high is $12 issued by Roth Capital on October 28, 2022. The low is $9.5 issued by Alliance Global Partners on August 9, 2024. The 3 most-recent analyst ratings were released by Alliance Global Partners, Benchmark, and Roth MKM on August 9, 2024, May 2, 2024, and April 12, 2024, respectively. With an average price target of $10 between Alliance Global Partners, Benchmark, and Roth MKM, there's an implied 48.59% upside for Amplify Energy Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amplify Energy (NYSE:AMPY) was reported by Alliance Global Partners on August 9, 2024. The analyst firm set a price target for $9.50 expecting AMPY to rise to within 12 months (a possible 41.16% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Amplify Energy (NYSE:AMPY) was provided by Alliance Global Partners, and Amplify Energy maintained their buy rating.
The last upgrade for Amplify Energy Corp happened on October 28, 2022 when Roth Capital raised their price target to $12. Roth Capital previously had a neutral for Amplify Energy Corp.
The last downgrade for Amplify Energy Corp happened on October 4, 2021 when Roth Capital changed their price target from N/A to N/A for Amplify Energy Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amplify 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 Amplify Energy was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest Amplify Energy (AMPY) rating was a maintained with a price target of $9.00 to $9.50. The current price Amplify Energy (AMPY) is trading at is $6.73, which is out of the analyst’s predicted range.
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