Bulls vs Bears
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Graco Inc has a consensus price target of $85.14 based on the ratings of 8 analysts. The high is $100 issued by Jefferies on January 11, 2024. The low is $70 issued by Morgan Stanley on June 9, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Baird, and DA Davidson on October 25, 2024, October 25, 2024, and September 30, 2024, respectively. With an average price target of $85.67 between RBC Capital, Baird, and DA Davidson, there's an implied -3.22% downside for Graco Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Graco (NYSE:GGG) was reported by RBC Capital on October 25, 2024. The analyst firm set a price target for $93.00 expecting GGG to rise to within 12 months (a possible 5.06% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Graco (NYSE:GGG) was provided by RBC Capital, and Graco maintained their outperform rating.
The last upgrade for Graco Inc happened on February 2, 2023 when Seaport Global raised their price target to $82. Seaport Global previously had a neutral for Graco Inc.
The last downgrade for Graco Inc happened on July 14, 2022 when Baird changed their price target from N/A to $61 for Graco Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Graco, 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 Graco was filed on October 25, 2024 so you should expect the next rating to be made available sometime around October 25, 2025.
While ratings are subjective and will change, the latest Graco (GGG) rating was a maintained with a price target of $96.00 to $93.00. The current price Graco (GGG) is trading at is $88.52, which is out of the analyst’s predicted range.
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