Johnson Rice, a renowned financial services firm, has initiated coverage on Prairie Operating (PROP, Financial) with an "Accumulate" rating. The announcement was made by analyst Charles Meade on May 12, 2025.
The company has set a price target of $9.00 USD for PROP, indicating a positive outlook on the stock's future performance. This target reflects the initial assessment and does not have a prior price target for comparison. The coverage signifies a potential growth opportunity for investors interested in the stock.
The rating and price target announcement has placed Prairie Operating (PROP, Financial) under the spotlight and may attract attention from investors considering the stock for accumulation in their portfolios.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Prairie Operating Co (PROP, Financial) is $16.38 with a high estimate of $21.75 and a low estimate of $11.00. The average target implies an upside of 263.08% from the current price of $4.51. More detailed estimate data can be found on the Prairie Operating Co (PROP) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Prairie Operating Co's (PROP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.