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Universal Stainless & Alloy Products Inc has a consensus price target of $46 based on the ratings of 1 analysts. The high is $46 issued by Keybanc on August 1, 2024. The low is $46 issued by Keybanc on August 1, 2024. The 3 most-recent analyst ratings were released by Keybanc on August 1, 2024, May 28, 2024, and April 22, 2024, respectively. With an average price target of $37.33 between Keybanc, there's an implied -8.50% downside for Universal Stainless & Alloy Products Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Universal Stainless (NASDAQ:USAP) was reported by Keybanc on August 1, 2024. The analyst firm set a price target for $46.00 expecting USAP to rise to within 12 months (a possible 12.75% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Universal Stainless (NASDAQ:USAP) was provided by Keybanc, and Universal Stainless maintained their overweight rating.
The last upgrade for Universal Stainless & Alloy Products Inc happened on June 20, 2023 when Keybanc raised their price target to $16. Keybanc previously had a sector weight for Universal Stainless & Alloy Products Inc.
There is no last downgrade for Universal Stainless.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Universal Stainless, 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 Universal Stainless was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Universal Stainless (USAP) rating was a maintained with a price target of $36.00 to $46.00. The current price Universal Stainless (USAP) is trading at is $40.80, which is within the analyst’s predicted range.
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