Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
08/03/2023 | 26.33% | Raymond James | $31 → $32 | Maintains | Outperform |
07/12/2023 | 22.38% | Raymond James | $26 → $31 | Maintains | Outperform |
05/09/2023 | 10.54% | Fearnleys | → $28 | Upgrades | Hold → Buy |
04/05/2023 | 2.65% | Raymond James | $23 → $26 | Maintains | Outperform |
11/17/2022 | 10.54% | B. Riley Securities | → $28 | Initiates Coverage On | → Buy |
11/08/2022 | -9.2% | Raymond James | → $23 | Upgrades | Market Perform → Outperform |
07/07/2021 | — | Raymond James | Downgrades | Outperform → Market Perform | |
05/07/2021 | -9.2% | Raymond James | $21 → $23 | Maintains | Outperform |
03/12/2021 | -17.09% | Raymond James | $16 → $21 | Reiterates | → Outperform |
01/08/2021 | -36.83% | Raymond James | $11 → $16 | Maintains | Outperform |
01/04/2021 | — | Evercore ISI Group | Upgrades | In-Line → Outperform | |
06/30/2020 | -62.5% | B. Riley Securities | → $9.5 | Downgrades | Buy → Neutral |
03/23/2020 | -52.63% | B. Riley Securities | $13 → $12 | Maintains | Buy |
10/24/2019 | -52.63% | Raymond James | → $12 | Initiates Coverage On | → Outperform |
What is the target price for Energy Recovery (ERII)?
The latest price target for Energy Recovery (NASDAQ: ERII) was reported by Raymond James on August 3, 2023. The analyst firm set a price target for $32.00 expecting ERII to rise to within 12 months (a possible 26.33% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Energy Recovery (ERII)?
The latest analyst rating for Energy Recovery (NASDAQ: ERII) was provided by Raymond James, and Energy Recovery maintained their outperform rating.
When is the next analyst rating going to be posted or updated for Energy Recovery (ERII)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Energy Recovery, 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 Energy Recovery was filed on August 3, 2023 so you should expect the next rating to be made available sometime around August 3, 2024.
Is the Analyst Rating Energy Recovery (ERII) correct?
While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a maintained with a price target of $31.00 to $32.00. The current price Energy Recovery (ERII) is trading at is $25.33, which is out of the analyst's predicted range.