TSE:NEO - Neo Performance Materials Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$27.50
  • Forecasted Upside: 26.32 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$21.77
▲ +1.97 (9.95%)

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Analyst Price Target for NEO

Analyst Price Target is C$27.50
▲ +26.32% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Neo Performance Materials in the last 3 months. The average price target is C$27.50, with a high forecast of C$30.00 and a low forecast of C$25.00. The average price target represents a 26.32% upside from the last price of C$21.77.

This chart shows the closing price for NEO 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 3 polled investment analysts is to buy stock in Neo Performance Materials.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
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7/30/2020
  • 0 strong buy ratings
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10/28/2020
  • 0 strong buy ratings
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1/26/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
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4/26/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/16/2021Raymond JamesBoost Price TargetOutperformC$25.00 ➝ C$27.00
8/13/2021ScotiabankBoost Price TargetC$27.00 ➝ C$28.00
5/17/2021Raymond JamesReiterated RatingOutperformC$25.00
5/14/2021ScotiabankBoost Price TargetC$26.00 ➝ C$27.00
3/30/2021Raymond JamesReiterated RatingOutperformC$25.00
3/23/2021Raymond JamesBoost Price TargetOutperformC$21.00 ➝ C$25.00
3/23/2021CormarkBoost Price TargetSector PerformC$22.00 ➝ C$30.00
3/23/2021ScotiabankBoost Price TargetC$20.00 ➝ C$26.00
3/23/2021Canaccord GenuityBoost Price TargetNAC$20.00 ➝ C$25.00
3/15/2021Stifel FirstegyReiterated RatingBuy
(Data available from 10/24/2016 forward)

News Sentiment Rating

0.40 (Hold)

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

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  • 0 very positive mentions
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3/28/2021
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4/27/2021
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5/27/2021
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6/26/2021
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7/26/2021
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
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8/25/2021
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  • 3 positive mentions
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  • 1 very negative mentions
9/24/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
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10/24/2021

Current Sentiment

  • 1 very positive mentions
  • 3 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.

Very Positive

Neo Performance Materials logo
Neo Performance Materials Inc. manufactures and sells rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalyst, consumer electronic, petroleum refining, hybrid and electric vehicle, and municipal and industrial wastewater treatment applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium. Its products are applied in super alloys for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. The company was founded in 1994 and is headquartered in Toronto, Canada.
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Today's Range

Now: C$21.77
Low: C$19.65
High: C$21.89

50 Day Range

MA: C$18.74
Low: C$16.55
High: C$20.59

52 Week Range

Now: C$21.77
Low: C$11.50
High: C$21.89

Volume

210,225 shs

Average Volume

86,894 shs

Market Capitalization

C$824.41 million

P/E Ratio

28.72

Dividend Yield

2.02%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Neo Performance Materials?

The following Wall Street research analysts have issued reports on Neo Performance Materials in the last twelve months: Canaccord Genuity, Cormark, Raymond James, Scotiabank, and Stifel Firstegy.
View the latest analyst ratings for NEO.

What is the current price target for Neo Performance Materials?

4 Wall Street analysts have set twelve-month price targets for Neo Performance Materials in the last year. Their average twelve-month price target is C$27.50, suggesting a possible upside of 26.3%. Cormark has the highest price target set, predicting NEO will reach C$30.00 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$25.00 for Neo Performance Materials in the next year.
View the latest price targets for NEO.

What is the current consensus analyst rating for Neo Performance Materials?

Neo Performance Materials currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NEO will outperform the market and that investors should add to their positions of Neo Performance Materials.
View the latest ratings for NEO.

What other companies compete with Neo Performance Materials?

How do I contact Neo Performance Materials' investor relations team?

The company's listed phone number is 416 367 8588. The official website for Neo Performance Materials is www.neomaterials.com.