Perenti Limited (ASX:PRN)
2.110
+0.050 (2.43%)
May 29, 2026, 4:10 PM AEST
Perenti Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Perenti stock has a consensus rating of "Buy" and an average price target of $2.70. The average 1-year stock price forecast is 27.96% higher than the current stock price, while the lowest is $2.35 (+11.37%) and the highest is $2.87 (+36.02%).
Price Target: $2.70 (+27.96%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Perenti stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $2.87 | Buy | Maintains | $2.87 | +36.02% | May 15, 2026 |
| Jefferies | Jefferies | Hold Maintains $2.50 → $2.35 | Hold | Maintains | $2.50 → $2.35 | +11.37% | Apr 23, 2026 |
| MA Financial Group | MA Financial Group | Buy Maintains $2.74 | Buy | Maintains | $2.74 | +29.86% | Feb 25, 2026 |
| UBS | UBS | Buy Maintains $3.10 → $3.00 | Buy | Maintains | $3.10 → $3.00 | +42.18% | Feb 25, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains $2.65 → $2.70 | Buy | Maintains | $2.65 → $2.70 | +27.96% | Feb 24, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.