Base Resources (BSE) Stock Forecast & Price Target

GBX 13.50

-0.25 (-1.82%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Base Resources - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Base Resources in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 2 have given a buy rating for BSE.

Consensus Price Target

GBX 32.50

High Forecast	GBX 35
Average Forecast	GBX 32.50
Low Forecast	GBX 30

According to the 2 analysts' twelve-month price targets for Base Resources, the average price target is GBX 32.50. The highest price target for BSE is GBX 35, while the lowest price target for BSE is GBX 30. The average price target represents a forecasted upside of 140.74% from the current price of GBX 13.50.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 32.50	GBX 38.33	GBX 38.33	GBX 37.75

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BSE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BSE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Base Resources Stock vs. The Competition

Type	Base Resources	Basic Materials Companies
Consensus Rating Score	3.00	2.64
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/30/2024	Canaccord Genuity Group 3 of 5 stars	Reiterated Rating	Speculative Buy	GBX 35	+180.00%
2/26/2024	Berenberg Bank 2 of 5 stars	Lower Target	Buy	GBX 31 ➝ GBX 30	+421.74%
1/24/2023	Peel Hunt 3 of 5 stars	Reiterated Rating	Buy	GBX 24	+88.24%
10/25/2022	Shore Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	House Stock

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:11 PM ET.

BSE Forecast - Frequently Asked Questions

What is Base Resources' forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Base Resources is GBX 32.50, with a high forecast of GBX 35 and a low forecast of GBX 30.
Should I buy or sell Base Resources stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Base Resources in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BSE shares.
Does Base Resources's stock price have much upside?: According to analysts, Base Resources's stock has a predicted upside of 256.16% based on their 12-month stock forecasts.
What analysts cover Base Resources?: Base Resources has been rated by research analysts at Canaccord Genuity Group in the past 90 days.
Do Wall Street analysts like Base Resources more than its competitors?: Analysts like Base Resources more than other "basic materials" companies. The consensus rating for Base Resources is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BSE compares to other companies.