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Touchstone Exploration (TXP) Stock Forecast & Price Target

GBX 32.75
-1.05 (-3.11%)
(As of 05/28/2024 ET)

Touchstone Exploration - 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 1 Analyst Ratings

Consensus Price Target

GBX 100
High ForecastGBX 100
Average ForecastGBX 100
Low ForecastGBX 100
TypeCurrent Forecast
5/30/23 to 5/29/24
1 Month Ago
4/30/23 to 4/29/24
3 Months Ago
3/1/23 to 2/29/24
1 Year Ago
5/30/22 to 5/30/23
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
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
1 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 TargetGBX 100GBX 100GBX 127.50GBX 160
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TXP 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.
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TXP 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.
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Touchstone Exploration Stock vs. The Competition

TypeTouchstone ExplorationEnergy Companies
Consensus Rating Score
3.00
2.66
Consensus RatingBuyModerate Buy
News Sentiment RatingNeutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/1/2024Shore Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHouse Stock
4/11/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSpeculative BuyGBX 100+124.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:23 AM ET.

TXP Frequently Asked Questions

What is Touchstone Exploration's stock forecast and purchase recommendation?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Touchstone Exploration is GBX 100, with a high forecast of GBX 100 and a low forecast of GBX 100. The consensus rating for Touchstone Exploration stock is Buy based on the current 1 buy rating for TXP. Learn more on TXP's analyst rating history.

Do Wall Street analysts like Touchstone Exploration more than its competitors?

Analysts like Touchstone Exploration more than other "energy" companies. The consensus rating for Touchstone Exploration is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how TXP compares to other companies.

Does Touchstone Exploration's stock price have much upside?

According to analysts, Touchstone Exploration's stock has a predicted upside of 124.72% based on their 12-month stock forecasts.

What analysts cover Touchstone Exploration?

Touchstone Exploration has been rated by research analysts at Canaccord Genuity Group, and Shore Capital in the past 90 days.


Stock Forecasts and Research Tools

This page (LON:TXP) was last updated on 5/29/2024 by MarketBeat.com Staff

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