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Karooooo Ltd has a consensus price target of $39.25 based on the ratings of 4 analysts. The high is $51 issued by Raymond James on January 16, 2025. The low is $29 issued by Raymond James on January 24, 2024. The 3 most-recent analyst ratings were released by Raymond James, Morgan Stanley, and Morgan Stanley on January 16, 2025, July 11, 2024, and April 22, 2024, respectively. With an average price target of $39.67 between Raymond James, Morgan Stanley, and Morgan Stanley, there's an implied -19.13% downside for Karooooo Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Karooooo (NASDAQ:KARO) was reported by Raymond James on January 16, 2025. The analyst firm set a price target for $51.00 expecting KARO to rise to within 12 months (a possible 3.98% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Karooooo (NASDAQ:KARO) was provided by Raymond James, and Karooooo reiterated their outperform rating.
There is no last upgrade for Karooooo
There is no last downgrade for Karooooo.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Karooooo, 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 Karooooo was filed on January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.
While ratings are subjective and will change, the latest Karooooo (KARO) rating was a reiterated with a price target of $46.00 to $51.00. The current price Karooooo (KARO) is trading at is $49.05, which is within the analyst’s predicted range.
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