In the past quarter, analysts have provided ratings for HighPeak Energy (NASDAQ:HPK), with a breakdown as follows:
– Bullish: 1
– Somewhat Bullish: 0
– Indifferent: 0
– Somewhat Bearish: 0
– Bearish: 3
Looking at the total ratings, there is a clear bearish sentiment towards HighPeak Energy. Over the last 30 days, there has been only 1 bullish rating with no other ratings recorded.
The average price target from these 4 analysts is $13.55, which is lower than the current price of HighPeak Energy at $16.755. This implies a downside for the stock.
It is important to note that this average price target has decreased by 7.32% from the previous average of $14.62.
Analyst ratings are provided by specialists within the banking and financial systems who report on specific stocks or sectors. These analysts gather information from various sources such as company conference calls, financial statements, and conversations with insiders to reach their decisions.
While some analysts also publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance, it is crucial to remember that these ratings are ultimately opinions. Analysts are human and their ratings reflect their own perspectives.
To stay updated on HighPeak Energy analyst ratings, investors can access platforms like Benzinga Pro, which provide updated ratings and analyst success scores. These platforms offer a comprehensive overview of how different analysts are performing compared to others.
It is worth mentioning that this article was generated by Benzinga’s automated content engine and reviewed by an editor.