Does PRA Group (PRAA) Have the Potential to Rally 32.33% as Wall Street Analysts Expect?

Core Viewpoint - PRA Group (PRAA) shows potential for significant upside, with a mean price target of $30 indicating a 32.3$22.67 [1] Price Targets - The average price target for PRAA ranges from a low of $24 to a high of$35, with a standard deviation of $5.57, suggesting variability in analyst estimates [2] - The lowest estimate indicates a 5.9% increase, while the highest suggests a 54.4% upside [2] Analyst Sentiment - Analysts exhibit strong agreement on PRAA's earnings prospects, with positive revisions in earnings estimates indicating potential stock upside [4][9] - Over the last 30 days, two earnings estimates have increased, leading to a 4.6% rise in the Zacks Consensus Estimate [10] Zacks Rank - PRAA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, reinforcing its potential for near-term upside [11] Caution on Price Targets - While price targets are a common metric, they should be approached with skepticism as they may not reliably indicate actual stock price movements [5][8]