Brady Corp has a consensus price target of $58.5 based on the ratings of 2 analysts. The high is $65 issued by B of A Securities on January 2, 2024. The low is $52 issued by Wells Fargo on February 18, 2022. The 3 most-recent analyst ratings were released by B of A Securities, Wells Fargo, and Wells Fargo on January 2, 2024, February 18, 2022, and January 10, 2022, respectively. With an average price target of $59 between B of A Securities, Wells Fargo, and Wells Fargo, there's an implied -17.54% downside for Brady Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Brady (NYSE:BRC) was reported by B of A Securities on January 2, 2024. The analyst firm set a price target for $65.00 expecting BRC to fall to within 12 months (a possible -9.15% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Brady (NYSE:BRC) was provided by B of A Securities, and Brady upgraded their buy rating.
The last upgrade for Brady Corp happened on January 2, 2024 when B of A Securities raised their price target to $65. B of A Securities previously had an underperform for Brady Corp.
The last downgrade for Brady Corp happened on February 18, 2022 when Wells Fargo changed their price target from N/A to $52 for Brady Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Brady, 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 Brady was filed on January 2, 2024 so you should expect the next rating to be made available sometime around January 2, 2025.
While ratings are subjective and will change, the latest Brady (BRC) rating was a upgraded with a price target of $51.00 to $65.00. The current price Brady (BRC) is trading at is $71.55, which is out of the analyst’s predicted range.
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