$3.73
0[0.00%]
At close: Apr 24
$3.73
0[0.00%]
PreMarket: 4:00PM EDT
Montauk Renewables
(NASDAQ:MNTK)Montauk Renewables Stock (NASDAQ:MNTK), Analyst Ratings, Price Targets, Predictions
Montauk Renewables Inc has a consensus price target of $7.38, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, B. Riley Securities, and Scotiabank on April 11, 2024, March 7, 2024, and November 13, 2023. With an average price target of $8 between Scotiabank, B. Riley Securities, and Scotiabank, there's an implied 114.48% upside for Montauk Renewables Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Scotiabank
B. Riley Securities
Tudor Pickering
UBS
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Montauk Renewables
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | MNTK | Buy Now | Montauk Renewables | $3.73 | 114.48% | Scotiabank | Paul Cheng | $9 → $8 | Maintains | Sector Outperform | Get Alert |
| 03/07/2024 | MNTK | Buy Now | Montauk Renewables | $3.73 | 87.67% | B. Riley Securities | Ryan Pfingst | $8 → $7 | Maintains | Neutral | Get Alert |
| 11/13/2023 | MNTK | Buy Now | Montauk Renewables | $3.73 | 141.29% | Scotiabank | Paul Cheng | → $9 | Upgrade | Sector Perform → Sector Outperform | Get Alert |
| 09/29/2023 | MNTK | Buy Now | Montauk Renewables | $3.73 | — | Scotiabank | Paul Cheng | — | Initiates | → Sector Perform | Get Alert |
| 06/27/2023 | MNTK | Buy Now | Montauk Renewables | $3.73 | 74.26% | B. Riley Securities | Ryan Pfingst | → $6.5 | Initiates | → Neutral | Get Alert |
| 05/12/2023 | MNTK | Buy Now | Montauk Renewables | $3.73 | 101.07% | Tudor Pickering | Matthew Blair | $5 → $7.5 | Upgrade | Sell → Hold | Get Alert |
| 04/13/2023 | MNTK | Buy Now | Montauk Renewables | $3.73 | 87.67% | UBS | Manav Gupta | $9 → $7 | Upgrade | Sell → Neutral | Get Alert |
| 12/14/2022 | MNTK | Buy Now | Montauk Renewables | $3.73 | 141.29% | UBS | Manav Gupta | → $9 | Initiates | → Sell | Get Alert |
FAQ
What is the target price for Montauk Renewables (MNTK)?
The latest price target for Montauk Renewables (NASDAQ: MNTK) was reported by Scotiabank on April 11, 2024. The analyst firm set a price target for $8.00 expecting MNTK to rise to within 12 months (a possible 114.48% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Montauk Renewables (MNTK)?
The latest analyst rating for Montauk Renewables (NASDAQ: MNTK) was provided by Scotiabank, and Montauk Renewables maintained their sector outperform rating.
When was the last upgrade for Montauk Renewables (MNTK)?
The last upgrade for Montauk Renewables Inc happened on November 13, 2023 when Scotiabank raised their price target to $9. Scotiabank previously had a sector perform for Montauk Renewables Inc.
When was the last downgrade for Montauk Renewables (MNTK)?
There is no last downgrade for Montauk Renewables.
When is the next analyst rating going to be posted or updated for Montauk Renewables (MNTK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Montauk Renewables, 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 Montauk Renewables was filed on April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Montauk Renewables (MNTK) correct?
While ratings are subjective and will change, the latest Montauk Renewables (MNTK) rating was a maintained with a price target of $9.00 to $8.00. The current price Montauk Renewables (MNTK) is trading at is $3.73, which is out of the analyst’s predicted range.
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