Based on current analyst consensus, Argan Inc. (AGX) is not specifically rated as a 'Buy' but rather holds a 'Hold' rating.
Analyst Consensus on AGX
The consensus rating for AGX is 'Hold', which is derived from recent analyst recommendations. This 'Hold' consensus is specifically based on the input of two analysts who have issued 'Hold' ratings for the stock. There are currently no 'Buy' or 'Sell' ratings from the analysts contributing to this consensus.
Here's a breakdown of the analyst ratings:
| Analyst Rating | Count |
|---|---|
| Buy | 0 |
| Hold | 2 |
| Sell | 0 |
| Consensus | Hold |
Upside Potential for AGX
Despite the 'Hold' consensus, analysts' average price targets suggest that AGX has an upside potential of 7.66% from its current price. This indicates that while not a strong 'Buy' recommendation, there is a perceived positive movement potential according to their projections. This potential growth is an important factor for investors to consider, even when the immediate consensus is not a strong 'Buy'.
