Analyst Ratings
BTIG Research (Rank#46) issued a research report on Monday November 27th, and upgraded the 12 month target on Crowdstrike to $239 from $192 per share. The analyst also maintained the “Buy” rating
Needham & Company (Rank#31) also maintained the “Buy” rating on the stock, and raised the 12 month target to $245 from $215 per share.
Crowdstrike Stock Analysis
1. Average Analyst Target Price:
- According to the forecasts from 14 analysts, the average target price for ARC Resources Ltd. over the next 12 months is projected to be CAD 24.78. This figure represents the consensus estimate among analysts regarding where they expect the stock price to be in the coming year.
2. Analyst Rating and Stock Analysis:
- The average analyst rating for ARC Resources Ltd. is classified as “Strong Buy.” This designation reflects a high level of confidence among analysts regarding the company’s future performance, and it often serves as an indicator for investors considering the stock.
- Stock Target Advisor, in its independent analysis, presents a slightly bullish outlook on ARC Resources Ltd. This sentiment is based on a combination of 9 positive signals and 5 negative signals identified through their analysis. These signals encompass various financial metrics, market trends, and other factors that contribute to the overall assessment of the stock.
3. Recent Stock Performance:
- At the last closing, the stock price of ARC Resources Ltd. was CAD 21.40. This closing price is a reference point for evaluating the current valuation of the stock.
- Over the past week, the stock price has remained stable with a change of +0.00%, indicating minimal fluctuations in the short term.
- Looking at the past month, ARC Resources Ltd. has experienced a slight decrease in its stock price, with a change of -2.82%. This short-term movement reflects recent market dynamics and investor sentiment.
- Over the last year, the stock price has seen a positive trend, increasing by +14.26%. This longer-term perspective provides context on the stock’s performance over a broader timeframe.
Final Analysis:
The ARC Resources Ltd. stock forecast suggests a positive outlook, with a “Strong Buy” rating from analysts and a slightly bullish analysis from Stock Target Advisor. The average target price implies potential upside in the stock over the next 12 months, aligning with the overall positive sentiment. Investors and stakeholders will likely consider this information while making investment decisions, but it’s essential to be aware that stock forecasts are subject to change based on evolving market conditions, company performance, and other relevant factors. Monitoring both the positive signals identified and recent stock price movements can provide a more comprehensive understanding of the investment landscape for ARC Resources Ltd.
