On July 16, 2025, Truist Securities issued an update regarding Pennant Group (PNTG, Financial). Analyst David Macdonald from Truist Securities decided to maintain the current rating of "Hold" for the stock.
Alongside maintaining the rating, Macdonald announced a downward revision of the price target for Pennant Group (PNTG, Financial). The target has been adjusted from a previous value of $32.00 to a new target of $28.00. This revision reflects a 12.5% decrease in the price target.
The price target and rating adjustments are in line with Truist Securities' recent analysis of Pennant Group (PNTG, Financial). Investors are advised to consider these changes when evaluating the stock's performance and potential investment value.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Pennant Group Inc (PNTG, Financial) is $32.80 with a high estimate of $37.00 and a low estimate of $28.00. The average target implies an upside of 34.70% from the current price of $24.35. More detailed estimate data can be found on the Pennant Group Inc (PNTG) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Pennant Group Inc's (PNTG, 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.
Based on GuruFocus estimates, the estimated GF Value for Pennant Group Inc (PNTG, Financial) in one year is $23.62, suggesting a downside of 3% from the current price of $24.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Pennant Group Inc (PNTG) Summary page.
