Evertec Inc has a consensus price target of $40.6 based on the ratings of 5 analysts. The high is $50 issued by Raymond James on July 27, 2023. The low is $28 issued by Susquehanna on September 5, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Susquehanna, and Susquehanna on November 21, 2024, September 5, 2024, and August 1, 2024, respectively. With an average price target of $33.67 between Morgan Stanley, Susquehanna, and Susquehanna, there's an implied 0.17% upside for Evertec Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Evertec (NYSE:EVTC) was reported by Morgan Stanley on November 21, 2024. The analyst firm set a price target for $35.00 expecting EVTC to rise to within 12 months (a possible 4.14% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Evertec (NYSE:EVTC) was provided by Morgan Stanley, and Evertec upgraded their equal-weight rating.
The last upgrade for Evertec Inc happened on November 21, 2024 when Morgan Stanley raised their price target to $35. Morgan Stanley previously had an underweight for Evertec Inc.
The last downgrade for Evertec Inc happened on September 5, 2024 when Susquehanna changed their price target from $38 to $28 for Evertec Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Evertec, 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 Evertec was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Evertec (EVTC) rating was a upgraded with a price target of $33.00 to $35.00. The current price Evertec (EVTC) is trading at is $33.61, which is within the analyst’s predicted range.
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