Montauk Renewables (MNTK) Stock Forecast & Price Target

$8.63

-0.04 (-0.46%)

(As of 12/8/2023 ET)

Today's Range: $8.41
▼
$8.79
50-Day Range: $6.47
▼
$10.78
52-Week Range: $5.46
▼
$12.53

Volume: 184,732 shs
Average Volume: 334,142 shs
Market Capitalization: $1.24 billion

P/E Ratio: 71.92
Dividend Yield: N/A
Price Target: $8.13

Montauk Renewables Consensus Analyst Rating 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.

Analysts' Consensus Rating

Hold
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$8.13
-5.85% Downside

High Forecast	$9.50
Average Forecast	$8.13
Low Forecast	$6.50

Type	Current Forecast 12/9/22 to 12/9/23	1 Month Ago 11/9/22 to 11/9/23	3 Months Ago 9/10/22 to 9/10/23	1 Year Ago 12/9/21 to 12/9/22
Consensus Rating	Hold	Hold	Hold	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)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	5 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	$8.13	$8.13	$7.83	N/A
Predicted Upside	-5.85% Downside	8.30% Upside	11.32% Upside	N/A

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MNTK Analyst Ratings 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.

MNTK 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.

Montauk Renewables Stock vs. The Competition

Type	Montauk Renewables	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.17	2.56	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-5.85% Downside	410.77% Upside	3,819.09% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/13/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Sector Outperform	$9.00	+39.10%
7/25/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$7.00 ➝ $9.50	+11.76%
6/27/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Pfingst Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$6.50	-6.61%
5/12/2023	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold
5/12/2023	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold	$5.00 ➝ $7.50	+17.19%
3/17/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Irwin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:07 PM ET.

MNTK Price Target - Frequently Asked Questions

What is Montauk Renewables's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for Montauk Renewables stock is Hold based on the current 5 hold ratings and 1 buy rating for MNTK. The average twelve-month price prediction for Montauk Renewables is $8.13 with a high price target of $9.50 and a low price target of $6.50. Learn more on MNTK's analyst rating history.
Do Wall Street analysts like Montauk Renewables more than its competitors?: Analysts like Montauk Renewables less than other Oils/Energy companies. The consensus rating for Montauk Renewables is Hold while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how MNTK compares to other companies.
Is Montauk Renewables being upgraded by Wall Street analysts?: Over the previous 90 days, Montauk Renewables's stock had 1 upgrade by analysts.

Does Montauk Renewables's stock price have much upside?: According to analysts, Montauk Renewables's stock has a predicted upside of 17.84% based on their 12-month stock forecasts.
What analysts cover Montauk Renewables?: Montauk Renewables has been rated by Scotiabank in the past 90 days.

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This page (NASDAQ:MNTK) was last updated on 12/9/2023 by MarketBeat.com Staff

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