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Traeger Inc has a consensus price target of $4.85 based on the ratings of 16 analysts. The high is $7.5 issued by Stifel on March 24, 2022. The low is $2.75 issued by RBC Capital on November 7, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, RBC Capital, and Piper Sandler on November 7, 2024, respectively. With an average price target of $4.5 between Canaccord Genuity, RBC Capital, and Piper Sandler, there's an implied 34.73% upside for Traeger Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Traeger (NYSE:COOK) was reported by Canaccord Genuity on November 7, 2024. The analyst firm set a price target for $7.00 expecting COOK to rise to within 12 months (a possible 112.77% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Traeger (NYSE:COOK) was provided by Canaccord Genuity, and Traeger maintained their buy rating.
The last upgrade for Traeger Inc happened on August 3, 2023 when Telsey Advisory Group raised their price target to $6.5. Telsey Advisory Group previously had a market perform for Traeger Inc.
The last downgrade for Traeger Inc happened on September 27, 2023 when Morgan Stanley changed their price target from $4.75 to $3 for Traeger Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Traeger, 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 Traeger was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Traeger (COOK) rating was a maintained with a price target of $6.00 to $7.00. The current price Traeger (COOK) is trading at is $3.29, which is out of the analyst’s predicted range.
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