METC Similar Chart Price Prediction
The price of METC is predicted to go up -8.34%, based on the high correlation periods with MAC. The similarity of these two price pattern on the periods is 93.32%.
METC
MAC
Down: -8.34%Similarity: 93.32%
METC Revenue Forecast
METC EPS Forecast
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METC Analyst's Forecast
Chris LaFemina
Jefferies
Strong Buy
2025-01-06
Price Target
$19 → $13
Upside
+34.02%
Jefferies lowered the firm's price target on Ramaco Resources to $13 from $19 and keeps a Buy rating on the shares. The firm is more cautious on the near-term outlook for the metals and mining sector due to cyclical factors, and believes the risk to consensus estimates is to the downside. However, it is too late to make downgrades to ratings, says Jefferies, which has a bias to buy "preferred" miners and steel producers following the recent significant weakness. The firm expects a stronger demand environment to materialize in 2026 and 2027, and says this should lead to "substantially higher" prices for some key commodities and for share prices of most of the companies.
Lucas Pipes
B. Riley Securities
Strong Buy
2024-09-17
Price Target
$19 → $18
Upside
+81.45%
