Golden Matrix Group (GMGI) Stock Forecast, Price Target & Predictions
GMGI Stock Forecast
Golden Matrix Group stock forecast is as follows: an average price target of $3.00 (represents a 21.95% upside from GMGI’s last price of $2.46) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
GMGI Price Target
The average price target for Golden Matrix Group (GMGI) is $3.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 21.95% upside from GMGI's last price of $2.46.
GMGI Analyst Ratings
According to 1 Wall Street analysts, Golden Matrix Group's rating consensus is 'Buy'. The analyst rating breakdown for GMGI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Golden Matrix Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 22, 2022 | Michael Albanese | EF Hutton | $3.00 | $2.25 | 33.33% | 21.95% |
The latest Golden Matrix Group stock forecast, released on Dec 22, 2022 by Michael Albanese from EF Hutton, set a price target of $3.00, which represents a 33.33% increase from the stock price at the time of the forecast ($2.25), and a 21.95% increase from GMGI last price ($2.46).
Golden Matrix Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.46 | $2.46 | $2.46 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Golden Matrix Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Golden Matrix Group's last price of $2.46. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 22, 2022 | EF Hutton | - | Buy | Initialise |
Golden Matrix Group's last stock rating was published by EF Hutton on Dec 22, 2022. The company Initialise its GMGI rating from "null" to "Buy".
GMGI Forecast FAQ
Is Golden Matrix Group a good buy?
Yes, according to 1 Wall Street analysts, Golden Matrix Group (GMGI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of GMGI's total ratings.
What is GMGI's price target?
Golden Matrix Group (GMGI) average price target is $3 with a range of $3 to $3, implying a 21.95% from its last price of $2.46. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Golden Matrix Group stock go up soon?
According to Wall Street analysts' prediction for GMGI stock, the company can go up by 21.95% (from the last price of $2.46 to the average price target of $3), up by 21.95% based on the highest stock price target, and up by 21.95% based on the lowest stock price target.
Can Golden Matrix Group stock reach $4?
GMGI's average twelve months analyst stock price target of $3 does not support the claim that Golden Matrix Group can reach $4 in the near future.