TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
29M Stock 12 Month Forecast
Average Price Target
AU$0.41
▼(-6.82% Downside)
Based on 6 Wall Street analysts offering 12 month price targets for 29metals Ltd. in the last 3 months. The average price target is AU$0.41 with a high forecast of AU$0.60 and a low forecast of AU$0.25. The average price target represents a -6.82% change from the last price of AU$0.44.
trades and holding each position for 1 Month would result in 57.89% of your transactions generating a profit, with an average return of +1.64% per trade.
trades and holding each position for 3 Months would result in 68.42% of your transactions generating a profit, with an average return of +1.45% per trade.
Copying Ben Lyons's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +28.54% per trade.
trades and holding each position for 2 Years would result in 73.33% of your transactions generating a profit, with an average return of +28.54% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
29M Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
0
0
0
0
0
Buy
3
2
2
1
2
Hold
16
11
13
12
13
Sell
5
6
8
7
5
Strong Sell
2
2
1
0
0
total
26
21
24
20
20
In the current month, 29M has received 2Buy Ratings, 13Hold Ratings, and 5Sell Ratings. 29M average Analyst price target in the past 3 months is 0.41.
Each month's total comprises the sum of three months' worth of ratings.
29M Financial Forecast
29M Earnings Forecast
Next quarter’s earnings estimate for 29M is -AU$0.06 with a range of -AU$0.06 to -AU$0.06. The previous quarter’s EPS was AU$0.03. 29M beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year 29M has Performed in-line its overall industry.
Next quarter’s earnings estimate for 29M is -AU$0.06 with a range of -AU$0.06 to -AU$0.06. The previous quarter’s EPS was AU$0.03. 29M beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year 29M has Performed in-line its overall industry.
29M Sales Forecast
Next quarter’s sales forecast for 29M is AU$259.00M with a range of AU$259.00M to AU$259.00M. The previous quarter’s sales results were AU$268.98M. 29M beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year 29M has Performed in-line its overall industry.
Next quarter’s sales forecast for 29M is AU$259.00M with a range of AU$259.00M to AU$259.00M. The previous quarter’s sales results were AU$268.98M. 29M beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year 29M has Performed in-line its overall industry.
29M Stock Forecast FAQ
What is AU:29M’s average 12-month price target, according to analysts?
Based on analyst ratings, 29metals Ltd.’s 12-month average price target is 0.41.
What is AU:29M’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for AU:29M, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is 29metals Ltd. a Buy, Sell or Hold?
29metals Ltd. has a consensus rating of Hold, which is based on 1 buy ratings, 3 hold ratings and 2 sell ratings.
What is 29metals Ltd.’s share price target?
The average share price target for 29metals Ltd. is 0.41. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst share price target is AU$0.60 ,and the lowest forecast is AU$0.25. The average share price target represents -6.82% Decrease from the current price of AU$0.44.
What do analysts say about 29metals Ltd.?
29metals Ltd.’s analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.
How can I buy shares of 29metals Ltd.?
To buy shares of AU:29M, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.