Analyst Price Target is $5.93
▲ +42.77% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Romeo Power in the last 3 months. The average price target is $5.93, with a high forecast of $9.00 and a low forecast of $4.00. The average price target represents a 42.77% upside from the last price of $4.15.
Current Consensus is
The current consensus among 4 polled investment analysts is to hold stock in Romeo Power. This rating has held steady since February 2021, when it changed from a Buy consensus rating.
RMG Acquisition Corp. is a blank check company. It intends to identify, acquire and operate a business in resources and industrial materials sectors, including the chemicals, energy services and alternatives, environmental services, metals and power sectors. The company was founded on October 22, 2018 and is headquartered in New York, NY.