Hanesbrands Stock (NYSE:HBI), Analyst Ratings, Price Targets, Predictions

The latest price target for Hanesbrands (NYSE: HBI) was reported by Citigroup on April 3, 2024. The analyst firm set a price target for $5.50 expecting HBI to rise to within 12 months (a possible 20.88% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Hanesbrands (NYSE: HBI) was provided by Citigroup, and Hanesbrands maintained their neutral rating.

The last upgrade for Hanesbrands Inc happened on July 13, 2021 when Wells Fargo raised their price target to $23. Wells Fargo previously had an equal-weight for Hanesbrands Inc.

The last downgrade for Hanesbrands Inc happened on November 10, 2022 when Credit Suisse changed their price target from $10 to $7 for Hanesbrands Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hanesbrands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hanesbrands was filed on April 3, 2024 so you should expect the next rating to be made available sometime around April 3, 2025.

While ratings are subjective and will change, the latest Hanesbrands (HBI) rating was a maintained with a price target of $4.50 to $5.50. The current price Hanesbrands (HBI) is trading at is $4.55, which is within the analyst’s predicted range.