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Fortrea Holdings

FTRENASDAQ
Logo brought to you by Benzinga Data
$19.50
0.351.83%
At close: -
$19.39
-0.11-0.56%
After Hours: 4:13 PM EDT
Consensus Rating1
Hold
Highest Price Target1
$30.00
Lowest Price Target1
$20.00
Consensus Price Target1
$24.50

Fortrea Holdings (NASDAQ:FTRE) Stock, Analyst Ratings, Price Targets, Forecasts

Fortrea Holdings Inc has a consensus price target of $24.5 based on the ratings of 11 analysts. The high is $30 issued by Baird on November 11, 2024. The low is $20 issued by Evercore ISI Group on October 8, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Barclays, and Baird on November 11, 2024, respectively. With an average price target of $26.67 between TD Cowen, Barclays, and Baird, there's an implied 37.53% upside for Fortrea Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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1
Jul
2
2
1
Aug
1
Sep
2
Oct
1
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Barclays
Baird
Evercore ISI Group
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Fortrea Holdings

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Fortrea Holdings (FTRE) stock?

A

The latest price target for Fortrea Holdings (NASDAQ:FTRE) was reported by TD Cowen on November 11, 2024. The analyst firm set a price target for $25.00 expecting FTRE to rise to within 12 months (a possible 28.93% upside). 35 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Fortrea Holdings (FTRE)?

A

The latest analyst rating for Fortrea Holdings (NASDAQ:FTRE) was provided by TD Cowen, and Fortrea Holdings maintained their hold rating.

Q

When was the last upgrade for Fortrea Holdings (FTRE)?

A

The last upgrade for Fortrea Holdings Inc happened on May 14, 2024 when Baird raised their price target to $36. Baird previously had a neutral for Fortrea Holdings Inc.

Q

When was the last downgrade for Fortrea Holdings (FTRE)?

A

The last downgrade for Fortrea Holdings Inc happened on September 25, 2024 when Jefferies changed their price target from $25 to $21 for Fortrea Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for Fortrea Holdings (FTRE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fortrea Holdings, 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 Fortrea Holdings was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

Q

Is the Analyst Rating Fortrea Holdings (FTRE) correct?

A

While ratings are subjective and will change, the latest Fortrea Holdings (FTRE) rating was a maintained with a price target of $23.00 to $25.00. The current price Fortrea Holdings (FTRE) is trading at is $19.39, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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