EON Resources: Buy Rating, PT Raised to $2 by D. Boral Capital.

EON Resources: Buy Rating, PT Raised to $2 by D. Boral Capital.

June 19, 2025

EON Resources Inc. (NYSEAMERICAN: EONR) has received a positive upgrade from D. Boral Capital, with the stock now rated as a "Buy." The analyst firm has also raised its price target to $2.00, reflecting a significant increase from the previous target. This move comes amidst a backdrop of strong analyst consensus and elevated price forecasts.

According to MarketBeat, the consensus rating for EON Resources is "Buy," based on 1 analyst rating in the last 12 months. The average price target from these analysts is $4.50, with a high target of $4.50 and a low target of $4.50. The average price target represents a forecasted upside of 872.97% from the current price of $0.46.

D. Boral Capital's upgrade and price target increase are notable, as they align with the broader analyst sentiment. The consensus rating for "basic materials" companies is "Moderate Buy," while EON Resources stands out with a "Buy" rating. This indicates that analysts are more bullish on EON Resources compared to its competitors in the sector.

The upgrade and price target raise follow a period of strong analyst interest in EON Resources. The company has been rated by 1 analyst in the past 90 days, with a "Buy" rating. The analysts' ratings data on MarketBeat is provided by Benzinga and other data providers.

Investors should monitor EON Resources closely, as the positive analyst sentiment and price target increase could signal a potential upward trend in the stock's price. However, it is essential to conduct thorough research and consider all available information before making investment decisions.

References:

[1] https://www.marketbeat.com/stocks/NYSEAMERICAN/EONR/forecast/