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Macy's

MNYSE
Logo brought to you by Benzinga Data
$15.85
-0.88-5.26%
At close: -
$15.93
0.080.50%
After Hours: 7:57 PM EDT
The dividend Ex-Date was 5 days ago
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$9.00
Consensus Price Target1
$20.27

Macy's (NYSE:M) Stock, Analyst Ratings, Price Targets, Forecasts

Macy's Inc has a consensus price target of $20.27 based on the ratings of 17 analysts. The high is $30 issued by Evercore ISI Group on August 24, 2022. The low is $9 issued by UBS on December 12, 2024. The 3 most-recent analyst ratings were released by Gordon Haskett, UBS, and Morgan Stanley on December 16, 2024, December 12, 2024, and December 12, 2024, respectively. With an average price target of $15 between Gordon Haskett, UBS, and Morgan Stanley, there's an implied -5.84% downside for Macy's Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Jul
4
Aug
1
Nov
1
4
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Gordon Haskett
UBS
Morgan Stanley
Telsey Advisory Group
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Macy's

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Macy's (M) stock?

A

The latest price target for Macy's (NYSE:M) was reported by Gordon Haskett on December 16, 2024. The analyst firm set a price target for $20.00 expecting M to rise to within 12 months (a possible 25.55% upside). 24 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Macy's (M)?

A

The latest analyst rating for Macy's (NYSE:M) was provided by Gordon Haskett, and Macy's upgraded their buy rating.

Q

When was the last upgrade for Macy's (M)?

A

The last upgrade for Macy's Inc happened on December 16, 2024 when Gordon Haskett raised their price target to $20. Gordon Haskett previously had a hold for Macy's Inc.

Q

When was the last downgrade for Macy's (M)?

A

The last downgrade for Macy's Inc happened on February 29, 2024 when TD Cowen changed their price target from $23 to $20 for Macy's Inc.

Q

When is the next analyst rating going to be posted or updated for Macy's (M)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macy's, 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 Macy's was filed on December 16, 2024 so you should expect the next rating to be made available sometime around December 16, 2025.

Q

Is the Analyst Rating Macy's (M) correct?

A

While ratings are subjective and will change, the latest Macy's (M) rating was a upgraded with a price target of $0.00 to $20.00. The current price Macy's (M) is trading at is $15.93, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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