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OTCMKTS:NHPEF - New Hope Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $2.45
  • Forecasted Upside: -12.97 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$2.82 As of 05/23/2022 01:49 PM ET
▲ +0.115 (4.26%)

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
▼ -12.97% Downside 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 $0.00 and a low forecast of $0.00. The average price target represents a -12.97% upside from the last price of $2.82.

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 Hold

The current consensus among 4 contributing investment analysts is to hold stock in New Hope. This rating has held steady since August 2021, when it changed from a Buy 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
  • 1 sell ratings
Ratings as of
12/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
3/1/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/30/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/26/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/24/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/25/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/11/2022The Goldman Sachs GroupDowngradeNeutral ➝ Sell
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 5/25/2017 forward)

News Sentiment Rating

0.95 (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
10/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2022

Current Sentiment

  • 0 very positive mentions
  • 1 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 Corporation Limited explores, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open-cut coal mines that produce thermal coal, which include the New Acland project located in north Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; operation of bulk handling facility; port operation; and logistics and marketing business. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was incorporated in 1986 and is headquartered in Brisbane, Australia.
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Today's Range

Now: $2.82
Low: $2.82
High: $2.82

50 Day Range

MA: $2.54
Low: $2.05
High: $2.85

52 Week Range

Now: $2.82
Low: $1.03
High: $2.87

Volume

350 shs

Average Volume

4,432 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?

0 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 downside of 13.0%.
View the latest price targets for NHPEF.

What is the current consensus analyst rating for New Hope?

New Hope currently has 1 sell rating, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NHPEF, but not buy more shares or sell existing shares.
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 Indonesia Tbk. Learn More about companies similar to New Hope.

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. Learn More about contacing New Hope investor relations.