Analyst Price Target is $2.45
▲ +42.44% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for New Hope in the last 3 months. The average price target is $2.45, with a high forecast of $2.50 and a low forecast of $2.40. The average price target represents a 42.44% upside from the last price of $1.72.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in New Hope. This rating has held steady since May 2021, when it changed from a Hold consensus rating.
New Hope Corp. Ltd. engages in the exploration of coal. It operates through the following segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The Coal Mining in Queensland segment includes mining related exploration, development, production, processing, transportation, port operations, and marketing. The Coal Mining in New South Wales segment comprises mining production, processing, transportation, and marketing. The Other segment consists coal, and oil and gas exploration, development, production and processing, pastoral operations, and administration. The company was founded in 1952 and is headquartered in Brookwater, Australia.