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Arcos Dorados Holdings Analyst Ratings and Price Targets | NYSE:ARCO | Benzinga
Arcos Dorados Holdings Inc has a consensus price target of $12.42 based on the ratings of 6 analysts. The high is $15 issued by Jefferies on December 1, 2023. The low is $10 issued by Goldman Sachs on August 17, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Jefferies, and JP Morgan on September 13, 2024, December 1, 2023, and August 10, 2023, respectively. With an average price target of $13.33 between JP Morgan, Jefferies, and JP Morgan, there's an implied 67.08% upside for Arcos Dorados Holdings Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Jefferies
Barclays
B of A Securities
Goldman Sachs
1calculated from analyst ratings
Analyst Ratings for Arcos Dorados Holdings
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 09/13/2024 | Buy Now | 50.38% | JP Morgan | Ian Luketic42% | $14 → $12 | Maintains | Overweight | Get Alert |
| 12/01/2023 | Buy Now | 87.97% | Jefferies | Pedro Baptista63% | → $15 | Initiates | → Buy | Get Alert |
| 08/10/2023 | Buy Now | 62.91% | JP Morgan | Ian Luketic42% | $10 → $13 | Maintains | Overweight | Get Alert |
| 08/07/2023 | Buy Now | 69.17% | Barclays | Antonio Hernandez59% | $10 → $13.5 | Maintains | Overweight | Get Alert |
| 05/18/2023 | Buy Now | 50.38% | B of A Securities | Robert Ford53% | $10 → $12 | Maintains | Buy | Get Alert |
| 02/06/2023 | Buy Now | 25.31% | Barclays | Antonio Hernandez59% | $9 → $10 | Maintains | Overweight | Get Alert |
| 09/27/2022 | Buy Now | 12.78% | Barclays | Antonio Hernandez59% | → $9 | Initiates | → Overweight | Get Alert |
| 08/17/2022 | Buy Now | 25.31% | Goldman Sachs | Richard Cathcart64% | $9 → $10 | Maintains | Buy | Get Alert |
| 06/15/2022 | Buy Now | 50.38% | Bradesco Corretora | Richard Cathcart64% | → $12 | Upgrade | Neutral → Outperform | Get Alert |
FAQ
What is the target price for Arcos Dorados Holdings (ARCO) stock?
The latest price target for Arcos Dorados Holdings (NYSE:ARCO) was reported by JP Morgan on September 13, 2024. The analyst firm set a price target for $12.00 expecting ARCO to rise to within 12 months (a possible 50.38% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Arcos Dorados Holdings (ARCO)?
The latest analyst rating for Arcos Dorados Holdings (NYSE:ARCO) was provided by JP Morgan, and Arcos Dorados Holdings maintained their overweight rating.
When was the last upgrade for Arcos Dorados Holdings (ARCO)?
The last upgrade for Arcos Dorados Holdings Inc happened on June 15, 2022 when Bradesco Corretora raised their price target to $12. Bradesco Corretora previously had a neutral for Arcos Dorados Holdings Inc.
When was the last downgrade for Arcos Dorados Holdings (ARCO)?
There is no last downgrade for Arcos Dorados Holdings.
When is the next analyst rating going to be posted or updated for Arcos Dorados Holdings (ARCO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arcos Dorados Holdings, 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 Arcos Dorados Holdings was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
Is the Analyst Rating Arcos Dorados Holdings (ARCO) correct?
While ratings are subjective and will change, the latest Arcos Dorados Holdings (ARCO) rating was a maintained with a price target of $14.00 to $12.00. The current price Arcos Dorados Holdings (ARCO) is trading at is $7.98, which is out of the analyst’s predicted range.
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