John Baumgartner analyst at Mizuho Securities reiterates coverage on Oatly Group (OTLY) in the healthtech stock sector with a Buy rating. TipRanks.com has Baumgartner rated as a 4.1 star analyst with a 67% return on investment and a 7.5% success rate. Baumgartner has set a price target of $ 6.
TipRanks.com reports that Oatly Group stock currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $4.30. The target pricing ranges from a high forecast of $7.00 down to a low forecast of $2.58. Oatly Group (OTLY) stock's last closing price was $2.58 which would put the average price target at 66.67% upside.
In addition, TradingView.com issued a Buy rating for OTLY over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on OTLY's stock.
Other analysts covering OTLY stock include:
- Michael Lavery of Piper Sandler issued a Buy rating with the price target of $ 4 on 1 week ago
- Kenneth Goldman of J.P. Morgan issued a Buy rating with the price target of $ 5 on 1 month ago
- Brian Holland of Cowen & Co. issued a Buy rating with the price target of $ 3 on 1 month ago
- Nik Modi of RBC Capital issued a Buy rating with the price target of $ 7 on 2 months ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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