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Karooooo

KARONASDAQ
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$40.51
0.721.81%
At close: -
$39.10
-1.41-3.48%
After Hours: 9:28 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$40.00
Lowest Price Target1
$29.00
Consensus Price Target1
$35.33

Karooooo (NASDAQ:KARO) Stock, Analyst Ratings, Price Targets, Forecasts

Karooooo Ltd has a consensus price target of $35.33 based on the ratings of 3 analysts. The high is $40 issued by Stifel on March 21, 2022. The low is $29 issued by Raymond James on January 24, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley on July 11, 2024, April 22, 2024, and January 24, 2024, respectively. With an average price target of $33 between Morgan Stanley, there's an implied -15.60% downside for Karooooo Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.4
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Raymond James
Stifel

1calculated from analyst ratings

Analyst Ratings for Karooooo

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Karooooo (KARO) stock?

A

The latest price target for Karooooo (NASDAQ:KARO) was reported by Morgan Stanley on July 11, 2024. The analyst firm set a price target for $37.00 expecting KARO to fall to within 12 months (a possible -5.37% downside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Karooooo (KARO)?

A

The latest analyst rating for Karooooo (NASDAQ:KARO) was provided by Morgan Stanley, and Karooooo maintained their overweight rating.

Q

When was the last upgrade for Karooooo (KARO)?

A

There is no last upgrade for Karooooo

Q

When was the last downgrade for Karooooo (KARO)?

A

There is no last downgrade for Karooooo.

Q

When is the next analyst rating going to be posted or updated for Karooooo (KARO)?

A

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 July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.

Q

Is the Analyst Rating Karooooo (KARO) correct?

A

While ratings are subjective and will change, the latest Karooooo (KARO) rating was a maintained with a price target of $31.00 to $37.00. The current price Karooooo (KARO) is trading at is $39.10, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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