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Genesis Energy (GEL) Stock Forecast & Price Target

-0.45 (-3.05%)
(As of 07/19/2024 ET)

Genesis Energy - 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

Based on 1 Wall Street analysts who have issued ratings for Genesis Energy in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for GEL.

Consensus Price Target

5.04% Upside
High Forecast$15.00
Average Forecast$15.00
Low Forecast$15.00

According to the 1 analysts' twelve-month price targets for Genesis Energy, the average price target is $15.00. The highest price target for GEL is $15.00, while the lowest price target for GEL is $15.00. The average price target represents a forecasted upside of 5.04% from the current price of $14.28.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$15.00$15.00$15.00$15.00
Forecasted Upside5.04% Upside29.87% Upside29.87% Upside34.05% Upside
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GEL 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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GEL 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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Genesis Energy Stock vs. The Competition

TypeGenesis EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside5.04% Upside344.36% Upside10.04% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2023Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$14.00 ➝ $15.00+29.87%
3/2/2023Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight$12.00 ➝ $13.00+11.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:08 AM ET.

GEL Forecast - Frequently Asked Questions

What is Genesis Energy's forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Genesis Energy is $15.00, with a high forecast of $15.00 and a low forecast of $15.00.

Should I buy or sell Genesis Energy stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genesis Energy in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GEL shares.

Does Genesis Energy's stock price have much upside?

According to analysts, Genesis Energy's stock has a predicted upside of 29.87% based on their 12-month stock forecasts.

Do Wall Street analysts like Genesis Energy more than its competitors?

Analysts like Genesis Energy more than other "oils/energy" companies. The consensus rating for Genesis Energy is Buy while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how GEL compares to other companies.

This page (NYSE:GEL) was last updated on 7/21/2024 by Staff

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