Otter Tail Stock Target Price and Analyst Consensus
| OTTR Stock | USD 85.51 0.93 1.10% |
The current analyst and expert consensus on Otter Tail is Hold, with 1 strong sell and 0 strong buy opinions. The current projected Otter Tail target price consensus is 68.50 with 4 analyst opinions. The most common way Otter Tail analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Otter Tail executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Otter Tail. We encourage you to use your own analysis of Otter Tail to validate this buy or sell advice. Otter Tail buy-or-sell recommendation module provides average expert sentiment on the projected Otter Tail target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Otter Tail to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.
Lowest Forecast 62.34 | Highest Forecast 76.04 | Target Price 68.5 |
Otter |
It's important to approach Otter Tail's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Otter Tail Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Otter target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Otter Tail's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Hold |
Most Otter analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Otter stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Otter Tail, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationOtter Tail Target Price Projection
Otter Tail's current and average target prices are 85.51 and 68.50, respectively. The current price of Otter Tail is the price at which Otter Tail is currently trading. On the other hand, Otter Tail's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Otter Tail Market Quote on 29th of April 2024
Target Price
Analyst Consensus On Otter Tail Target Price
Otter Tail Analyst Ratings
Otter Tail's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Otter Tail stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Otter Tail's financials, market performance, and future outlook by experienced professionals. Otter Tail's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Otter Tail price targets
Otter Tail's stock target price is an estimate of its future price, usually made by analysts. Using Otter Tail's target price to determine if it is a suitable investment can be done through the following steps:- Look at Otter Tail's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Otter Tail's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Otter Tail Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Otter Tail is a key component of Otter Tail valuation and have some predictive power on the future returns of a Otter Tail.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Otter Tail's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
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Check out Macroaxis Advice on Otter Tail to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Otter Tail's price analysis, check to measure Otter Tail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otter Tail is operating at the current time. Most of Otter Tail's value examination focuses on studying past and present price action to predict the probability of Otter Tail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otter Tail's price. Additionally, you may evaluate how the addition of Otter Tail to your portfolios can decrease your overall portfolio volatility.
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The data published in Otter Tail's official financial statements usually reflect Otter Tail's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Otter Tail. For example, before you start analyzing numbers published by Otter accountants, it's critical to develop an understanding of what Otter Tail's liquidity, profitability, and earnings quality are in the context of the Electric Utilities space in which it operates.
Please note, the presentation of Otter Tail's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Otter Tail's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Otter Tail's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Otter Tail. Please utilize our Beneish M Score to check the likelihood of Otter Tail's management manipulating its earnings.