Sound Point Meridian Capital, Inc. (SPMC) Stock Forecast & Price Target
Sound Point Meridian Capital, Inc. · NYSE
$9.95-0.15 (-1.49%)
15-min delayed · Jul 27, 3:15 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Sound Point Meridian Capital, Inc, 1 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $10.00 to $18.00, a moderate spread. The average target of $14.00 sits 41% above the current $9.95. The rating mix has stayed broadly stable, with Buy-side ratings easing from 2 to 1 over recent months.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy150%
Hold150%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Sound Point Meridian Capital, Inc.
As of Jul, 1 of 2 firms rate SPMC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
Top analysts covering Sound Point Meridian Capital, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SPMC.
#1
Matt Howlett
B. Riley Securities · Rank #198
Hold
$10.00+0.5% to target
Overall win rate
34%
+ Follow
#2
Mickey Schleien
Clear Street
Buy
$14.00+40.7% to target
Coverage
—
+ Follow
#3
Mitchel Penn
Oppenheimer
Hold
No targeton SPMC
Coverage
—
+ Follow
#4
GM
Gaurav Mehta
Alliance Global Partners
Buy
$20.00+101.0% to target
Coverage
—
+ Follow
SPMC stock forecast FAQ
What is SPMC's average 12-month price target?+
The 2 analysts with a live target average $14.00 for Sound Point Meridian Capital, Inc. over the next 12 months, ranging from a $18.00 high to a $10.00 low.
Is SPMC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 1 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SPMC?+
The Street-high target is $18.00 (Clear Street), and the Street-low is $10.00 (B. Riley Securities). The average of all 2 active targets is $14.00.
How many Wall Street analysts cover SPMC?+
2 analysts have an active rating on Sound Point Meridian Capital, Inc., and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering SPMC?+
Among analysts who currently cover SPMC, Matt Howlett of B. Riley Securities has the strongest overall Quantellect track record (Rank #198). Their current call is Hold with a $10.00 target.
Have analysts been upgrading or downgrading SPMC lately?+
As of Jul, 1 of 2 firms rate SPMC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SPMC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
