NewAge Inc (NBEV) Price Targets From Analysts
Use the tables below to see what analysts covering NewAge Inc think about its future price and what recommendations they have for investors and traders.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 1 | $5 | $5 | $5 | $2.31 | 116.45% |
Price Target Last Issued April 9, 2021
The Trend in the Analyst Price Target
Over the past 104 days, NBEV's average price target has gone down $0.
Over the past 307 days, NBEV's average upside potential has been 116.1%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2020-06-06 | 2 | 7 | 3.5 | 5.25 | 1.71 | 207.02% |
| 2020-07-20 | 2 | 7 | 5.0 | 6.00 | 1.74 | 244.83% |
| 2020-10-03 | 2 | 7 | 5.0 | 6.00 | 1.75 | 242.86% |
| 2020-10-28 | 1 | 7 | 7.0 | 7.00 | 2.52 | 177.78% |
| 2020-11-09 | 1 | 5 | 5.0 | 5.00 | 2.64 | 89.39% |
| 2020-11-23 | 2 | 5 | 5.0 | 5.00 | 3.22 | 55.28% |
| 2020-12-19 | 2 | 5 | 5.0 | 5.00 | 2.73 | 83.15% |
| 2020-12-26 | 2 | 5 | 5.0 | 5.00 | 3.02 | 65.56% |
| 2020-12-30 | 2 | 5 | 5.0 | 5.00 | 2.77 | 80.51% |
| 2021-01-07 | 2 | 5 | 5.0 | 5.00 | 2.89 | 73.01% |
| 2021-02-20 | 2 | 5 | 5.0 | 5.00 | 3.15 | 58.73% |
| 2021-02-27 | 2 | 5 | 5.0 | 5.00 | 2.63 | 90.11% |
| 2021-03-06 | 2 | 5 | 5.0 | 5.00 | 2.63 | 90.11% |
| 2021-03-08 | 2 | 5 | 5.0 | 5.00 | 2.63 | 90.11% |
| 2021-04-09 | 1 | 5 | 5.0 | 5.00 | 2.59 | 93.05% |
NBEV Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.75 | 0 | 1 | 1 | 0 | 0 | 2 |
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NBEV as an investment opportunity.
- NewAge Inc's number of analysts covering the stock is greater than practically none of all US stocks.
- NBEV has a less variance in analysts' estimates than almost 100% of all US stocks.
- NBEV has a higher average analyst price target than 6.63% of Consumer Defensive stocks.
- The upside potential (average analyst target price relative to current price) of NBEV is higher than 92.31% of Beer & Liquor stocks.
Stocks similar to NewAge Inc in the Beer & Liquor industry regarding analyst recommendations and price targets are BF.B, TAP and KDP.
Is NBEV a Buy, Hold or Sell? See the POWR Ratings now!