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Envela (ELA) Stock Forecast & Price Target

Envela logo
$5.90 +0.54 (+10.07%)
(As of 11/6/2024 ET)

Envela - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for Envela in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for ELA.

Consensus Price Target

$7.00
18.64% Upside
According to the 1 analysts' twelve-month price targets for Envela, the average price target is $7.00. The highest price target for ELA is $7.00, while the lowest price target for ELA is $7.00. The average price target represents a forecasted upside of 18.64% from the current price of $5.90.
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ELA Analyst Ratings Over Time

TypeCurrent Forecast
11/7/23 to 11/6/24
1 Month Ago
10/8/23 to 10/7/24
3 Months Ago
8/9/23 to 8/8/24
1 Year Ago
11/7/22 to 11/7/23
Strong Buy
0 Strong Buy rating(s)
N/A N/A N/A
Buy
1 Buy rating(s)
N/A N/A N/A
Hold
0 Hold rating(s)
N/A N/A N/A
Sell
0 Sell rating(s)
N/A N/A N/A
Consensus Price Target$7.00N/AN/AN/A
Forecasted Upside18.64% UpsideN/AN/AN/A
Consensus Rating
Buy
N/AN/AN/A

ELA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ELA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Envela Stock vs. The Competition

TypeEnvelaRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
0.00
2.50
2.50
Consensus RatingN/AModerate BuyHold
Predicted UpsideN/A24.29% Upside7.56% Upside
News Sentiment Rating
Positive News

See Recent ELA News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/6/2024Lake Street Capital
3 of 5 stars
 Boost TargetBuy ➝ Buy$6.00 ➝ $7.00+23.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:43 PM ET.


ELA Forecast - Frequently Asked Questions

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Envela is $7.00, with a high forecast of $7.00 and a low forecast of $7.00.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envela in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ELA shares.

According to analysts, Envela's stock has a predicted upside of 18.64% based on their 12-month stock forecasts.

Envela has been rated by research analysts at Lake Street Capital in the past 90 days.

Analysts like Envela more than other "retail/wholesale" companies. The consensus rating for Envela is Buy while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how ELA compares to other companies.


This page (NYSEAMERICAN:ELA) was last updated on 11/6/2024 by MarketBeat.com Staff
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