Calumet Inc Shares Surge Above Analyst Target Price

Calumet Inc shares have surpassed the average analyst target price of $22.70, now trading at $23.57. Investors must evaluate whether this indicates potential growth or an overvaluation.

Date: 06-01-2025

AI Rating: 7

Price Target Analysis
Calumet Inc (CLMT) has recently crossed a critical analyst target price, currently trading at $23.57 against an average target of $22.70. The variability in analyst price targets indicates a range of expectations, with the highest target set at $29.00 and the lowest at $15.00.

Despite CLMT's share price exceeding the average target, investors need to carefully assess market conditions and company fundamentals to determine if further increases are justified. The average analyst rating at 1.67 suggests a strong buy sentiment, further supported by consistent ratings over the past months.

Analyst Ratings Breakdown
The recent table shows a clear trend with 4 strong buy ratings and 2 hold ratings, while no analysts recommend selling. This indicates a stable belief in the company's potential among analysts. The lack of sell or strong sell ratings reflects confidence in the stock. Overall, the sentiment in the market leans towards optimism following this price movement. Investors are encouraged to consider these viewpoints and reassess their strategies regarding Calumet Inc.

Stocks: CLMT