Embecta Corp has a consensus price target of $18.5 based on the ratings of 3 analysts. The high is $25 issued by B of A Securities on June 21, 2022. The low is $12 issued by Morgan Stanley on July 15, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley on July 15, 2024, May 10, 2024, and November 22, 2023, respectively. With an average price target of $13.67 between Morgan Stanley, there's an implied -1.61% downside for Embecta Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Embecta (NASDAQ:EMBC) was reported by Morgan Stanley on July 15, 2024. The analyst firm set a price target for $12.00 expecting EMBC to fall to within 12 months (a possible -13.61% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Embecta (NASDAQ:EMBC) was provided by Morgan Stanley, and Embecta maintained their underweight rating.
There is no last upgrade for Embecta
The last downgrade for Embecta Corp happened on January 6, 2023 when Morgan Stanley changed their price target from N/A to $28 for Embecta Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Embecta, 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 Embecta was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.
While ratings are subjective and will change, the latest Embecta (EMBC) rating was a maintained with a price target of $13.00 to $12.00. The current price Embecta (EMBC) is trading at is $13.89, which is out of the analyst’s predicted range.
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