Group 1 - SunOpta (STKL) closed at $5.98, with an 8.3% gain over the past four weeks, and a mean price target of $9.20 indicating a 53.9% upside potential [1] - The mean estimate includes five short-term price targets with a standard deviation of $0.45, where the lowest estimate is $9 (50.5% increase) and the highest is $10 (67.2% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price movements [9][10] Group 2 - The Zacks Consensus Estimate for the current year has increased by 3.9%, with one estimate moving higher and no negative revisions [10] - STKL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While the consensus price target may not be a reliable indicator of the stock's potential gain, it suggests a positive direction for price movement [11]
Wall Street Analysts Predict a 53.85% Upside in SunOpta (STKL): Here's What You Should Know