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OTCMKTS:NHPEF - New Hope Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.45
  • Forecasted Upside: 42.44 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$1.72 As of 09/24/2021 12:43 PM ET
▼ -0.01 (-0.58%)

This chart shows the closing price for NHPEF by one month, three months, or twelve months.

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Analyst Price Target for NHPEF

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.

This chart shows the closing price for NHPEF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

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.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/28/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/17/2021MacquarieUpgradeNeutral ➝ Buy$2.40
9/14/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$2.50
5/27/2021CitigroupUpgradeNeutral ➝ Buy
5/25/2021Credit Suisse GroupDowngradeOutperform ➝ Neutral
5/13/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform
6/12/2020The Goldman Sachs GroupInitiated CoverageBuy
(Data available from 9/27/2016 forward)

News Sentiment Rating

0.89 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2021

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
New Hope logo
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.
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Today's Range

Now: $1.72
Low: $1.72
High: $1.75

50 Day Range

MA: $1.50
Low: $1.35
High: $1.73

52 Week Range

Now: $1.72
Low: $0.91
High: $1.75

Volume

2,900 shs

Average Volume

3,964 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of New Hope?

The following Wall Street sell-side analysts have issued research reports on New Hope in the last twelve months: Citigroup Inc., Credit Suisse Group AG, Macquarie, and The Goldman Sachs Group, Inc..
View the latest analyst ratings for NHPEF.

What is the current price target for New Hope?

2 Wall Street analysts have set twelve-month price targets for New Hope in the last year. Their average twelve-month price target is $2.45, suggesting a possible upside of 42.4%. The Goldman Sachs Group, Inc. has the highest price target set, predicting NHPEF will reach $2.50 in the next twelve months. Macquarie has the lowest price target set, forecasting a price of $2.40 for New Hope in the next year.
View the latest price targets for NHPEF.

What is the current consensus analyst rating for New Hope?

New Hope currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NHPEF will outperform the market and that investors should add to their positions of New Hope.
View the latest ratings for NHPEF.

What other companies compete with New Hope?

Other companies that are similar to New Hope include African Energy Resources, County International, East Energy Resources, MC Mining and PT Adaro Energy Tbk.

How do I contact New Hope's investor relations team?

New Hope's physical mailing address is 175 Eagle Street, Brisbane, Queensland (QLD). The company's listed phone number is (173) 418-0500. The official website for New Hope is www.newhopegroup.com.au.