Franklin Electric Co Inc has a consensus price target of $91.25 based on the ratings of 6 analysts. The high is $105 issued by Baird on October 30, 2024. The low is $80 issued by Seaport Global on April 27, 2022. The 3 most-recent analyst ratings were released by Baird, DA Davidson, and Baird on October 30, 2024, May 1, 2024, and February 14, 2024, respectively. With an average price target of $98.33 between Baird, DA Davidson, and Baird, there's an implied -0.04% downside for Franklin Electric Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Franklin Electric (NASDAQ:FELE) was reported by Baird on October 30, 2024. The analyst firm set a price target for $105.00 expecting FELE to rise to within 12 months (a possible 6.74% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Franklin Electric (NASDAQ:FELE) was provided by Baird, and Franklin Electric maintained their neutral rating.
The last upgrade for Franklin Electric Co Inc happened on February 23, 2024 when Northcoast Research raised their price target to N/A. Northcoast Research previously had a neutral for Franklin Electric Co Inc.
The last downgrade for Franklin Electric Co Inc happened on August 15, 2022 when Northcoast Research changed their price target from N/A to N/A for Franklin Electric Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Franklin Electric, 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 Franklin Electric was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Franklin Electric (FELE) rating was a maintained with a price target of $107.00 to $105.00. The current price Franklin Electric (FELE) is trading at is $98.37, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.