Neo Performance Materials - NEO Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$9.83
  • Forecasted Upside: 45.25%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$6.77
▲ +0.06 (0.89%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Neo Performance Materials Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NEO and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NEO

Analyst Price Target is C$9.83
▲ +45.25% 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$9.83, with a high forecast of C$11.00 and a low forecast of C$7.50. The average price target represents a 45.25% upside from the last price of C$6.77.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Moderate Buy

The current consensus among 3 contributing investment analysts is to moderate buy stock in Neo Performance Materials. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/30/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/23/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/18/2024Stifel NicolausLower TargetHoldC$9.00 ➝ C$7.50
3/18/2024Raymond JamesLower TargetOutperformC$13.00 ➝ C$11.00
11/15/2023Raymond JamesLower TargetC$14.00 ➝ C$13.00
11/14/2023Stifel NicolausLower TargetHoldC$9.50 ➝ C$9.00
11/14/2023Canaccord Genuity GroupLower TargetBuyC$13.00 ➝ C$11.00
8/18/2023Stifel NicolausBoost TargetHoldC$8.00 ➝ C$9.50
7/18/2023Stifel NicolausLower TargetC$8.25 ➝ C$8.00
5/16/2023Raymond JamesLower TargetOutperformC$17.00 ➝ C$14.00
4/19/2023Stifel NicolausLower TargetC$15.00 ➝ C$13.00
3/30/2023CormarkLower TargetC$17.00 ➝ C$15.00
3/30/2023Canaccord Genuity GroupLower TargetC$15.00 ➝ C$13.00
11/14/2022Raymond JamesLower TargetOutperformC$23.00 ➝ C$17.00
11/14/2022Canaccord Genuity GroupLower TargetC$18.00 ➝ C$15.00
11/14/2022CormarkSet TargetC$25.00 ➝ C$17.00
11/14/2022ScotiabankLower TargetC$21.00 ➝ C$16.00
11/14/2022Stifel NicolausLower TargetC$17.00 ➝ C$15.00
9/20/2022Canaccord Genuity GroupLower TargetC$24.00 ➝ C$18.00
9/19/2022Raymond JamesLower TargetOutperformC$25.00 ➝ C$23.00
9/19/2022Stifel NicolausLower TargetC$19.75 ➝ C$17.00
8/29/2022ScotiabankLower TargetC$22.00 ➝ C$21.00
8/15/2022ScotiabankLower TargetC$25.00 ➝ C$24.00
8/15/2022Stifel NicolausBoost TargetC$17.50 ➝ C$19.75
5/16/2022ScotiabankLower TargetC$27.00 ➝ C$25.00
5/16/2022CormarkSet TargetC$25.00
3/14/2022Raymond JamesLower TargetOutperformC$27.00 ➝ C$25.00
3/11/2022CormarkReiterated RatingBuyC$29.00
3/11/2022ScotiabankLower TargetC$29.00 ➝ C$27.00
11/17/2021Raymond JamesSet TargetOutperformC$27.00
11/17/2021CormarkLower TargetBuyC$26.00 ➝ C$20.00
11/17/2021ScotiabankBoost TargetC$28.00 ➝ C$29.00
8/16/2021Raymond JamesBoost TargetOutperformC$25.00 ➝ C$27.00
8/13/2021ScotiabankBoost TargetC$27.00 ➝ C$28.00
5/17/2021Raymond JamesReiterated RatingOutperformC$25.00
5/14/2021ScotiabankBoost TargetC$26.00 ➝ C$27.00
3/30/2021Raymond JamesReiterated RatingOutperformC$25.00
3/23/2021Raymond JamesBoost TargetOutperformC$21.00 ➝ C$25.00
3/23/2021CormarkBoost TargetSector PerformC$22.00 ➝ C$30.00
3/23/2021ScotiabankBoost TargetC$20.00 ➝ C$26.00
3/15/2021Stifel FirstegyReiterated RatingBuy
(Data available from 5/23/2019 forward)

News Sentiment Rating

0.35 (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

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/26/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/25/2023
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/25/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/24/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/23/2024
  • 7 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
3/24/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/23/2024
  • 4 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/23/2024

Current Sentiment

  • 4 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Neo Performance Materials logo
Neo Performance Materials Inc. engages in the manufacture and sale of 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; and bonded magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, pumps, 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 catalysts, consumer electronics, petroleum refining, hybrid and electric vehicles, 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 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.
Read More

Today's Range

Now: C$6.77
Low: C$6.69
High: C$6.85

50 Day Range

MA: C$6.14
Low: C$5.67
High: C$7.05

52 Week Range

Now: C$6.77
Low: C$5.50
High: C$9.50

Volume

44,266 shs

Average Volume

78,724 shs

Market Capitalization

C$282.65 million

P/E Ratio

N/A

Dividend Yield

6.88%

Beta

1.44

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 Group Inc., Raymond James, and Stifel Nicolaus.
View the latest analyst ratings for NEO.

What is the current price target for Neo Performance Materials?

3 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$9.83, suggesting a possible upside of 45.2%. Raymond James has the highest price target set, predicting NEO will reach C$11.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of C$7.50 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 "Moderate Buy."
View the latest ratings for NEO.

What other companies compete with Neo Performance Materials?

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

Neo Performance Materials' physical mailing address is 121 King Street West, Suite 1740, Toronto, ON M5H 3T9, Canada. The company's listed phone number is 416 367 8588. The official website for Neo Performance Materials is www.neomaterials.com. Learn More about contacing Neo Performance Materials investor relations.