▼ -35.42% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Danimer Scientific in the last 3 months. The average price target is $31.00, with a high forecast of $31.00 and a low forecast of $31.00. The average price target represents a -35.42% upside from the last price of $48.00.
The current consensus among 1 contributing investment analysts is to buy stock in Danimer Scientific.
Meredian Holdings Group, Inc., doing business as Danimer Scientific, manufactures and supplies biopolymers. It provides polyhydroxyalkanoates biodegradable plastics, additives, aqueous coatings, extrusion coatings, extrusion lamination materials, film resins, hot melt adhesives, injection molding resins, and thermoforming resins. The company also offers biopolymer research and development, toll manufacturing, and thermoforming services to business partners. Its products are used for disposable flatware, coffee cup waxes, bottle seals, packaging and label glue, and various other products for consumers and businesses use worldwide. The company was founded in 2004 and is based in Bainbridge, Georgia with a production facility in Winchester, Kentucky.