Analyst Price Target is $13.83
▲ +353.55% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Danimer Scientific in the last 3 months. The average price target is $13.83, with a high forecast of $32.00 and a low forecast of $4.00. The average price target represents a 353.55% upside from the last price of $3.05.
Current Consensus is
Reduce
The current consensus among 3 polled investment analysts is to reduce stock in Danimer Scientific. This rating changed within the last month from a Hold consensus rating.
Danimer Scientific, Inc., a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic acid-based resins for coating disposable paper cups; and other biopolymers. The company products are used in various applications, including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. It also markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia.
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