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Energy Recovery Analyst Ratings

Benzinga ·  Nov 2, 2023 12:15
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/02/2023 17.23% Raymond James $30 → $20 Maintains Outperform
10/03/2023 75.85% Raymond James $32 → $30 Maintains Outperform
08/03/2023 87.57% Raymond James $31 → $32 Maintains Outperform
07/12/2023 81.71% Raymond James $26 → $31 Maintains Outperform
05/09/2023 64.13% Fearnleys → $28 Upgrades Hold → Buy
04/05/2023 52.4% Raymond James $23 → $26 Maintains Outperform
11/17/2022 64.13% B. Riley Securities → $28 Initiates Coverage On → Buy
11/08/2022 34.82% Raymond James → $23 Upgrades Market Perform → Outperform
07/07/2021 Raymond James Downgrades Outperform → Market Perform
05/07/2021 34.82% Raymond James $21 → $23 Maintains Outperform
03/12/2021 23.09% Raymond James $16 → $21 Reiterates → Outperform
01/08/2021 -6.21% Raymond James $11 → $16 Maintains Outperform
01/04/2021 Evercore ISI Group Upgrades In-Line → Outperform
06/30/2020 -44.31% B. Riley Securities → $9.5 Downgrades Buy → Neutral
03/23/2020 -29.66% B. Riley Securities $13 → $12 Maintains Buy
10/24/2019 -29.66% 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 November 2, 2023. The analyst firm set a price target for $20.00 expecting ERII to rise to within 12 months (a possible 17.23% upside). 8 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 November 2, 2023 so you should expect the next rating to be made available sometime around November 2, 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 $30.00 to $20.00. The current price Energy Recovery (ERII) is trading at is $17.06, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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