PEDEVCO Corp has a consensus price target of $2.09 based on the ratings of 5 analysts. The high is $2.5 issued by EF Hutton on September 14, 2023. The low is $1.75 issued by Alliance Global Partners on July 17, 2024. The 3 most-recent analyst ratings were released by Alliance Global Partners, EF Hutton, and EF Hutton on July 17, 2024, May 16, 2024, and September 14, 2023, respectively. With an average price target of $2.17 between Alliance Global Partners, EF Hutton, and EF Hutton, there's an implied 134.23% upside for PEDEVCO Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PEDEVCO (AMEX:PED) was reported by Alliance Global Partners on July 17, 2024. The analyst firm set a price target for $1.75 expecting PED to rise to within 12 months (a possible 89.19% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for PEDEVCO (AMEX:PED) was provided by Alliance Global Partners, and PEDEVCO initiated their buy rating.
There is no last upgrade for PEDEVCO
There is no last downgrade for PEDEVCO.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PEDEVCO, 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 PEDEVCO was filed on July 17, 2024 so you should expect the next rating to be made available sometime around July 17, 2025.
While ratings are subjective and will change, the latest PEDEVCO (PED) rating was a initiated with a price target of $0.00 to $1.75. The current price PEDEVCO (PED) is trading at is $0.93, which is within the analyst’s predicted range.
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