Matthews International Corp has a consensus price target of $40 based on the ratings of 1 analysts. The high is $40 issued by B. Riley Securities on September 26, 2024. The low is $40 issued by B. Riley Securities on September 26, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities on September 26, 2024, February 5, 2024, and July 31, 2023, respectively. With an average price target of $54.33 between B. Riley Securities, there's an implied 97.22% upside for Matthews International Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Matthews International (NASDAQ:MATW) was reported by B. Riley Securities on September 26, 2024. The analyst firm set a price target for $40.00 expecting MATW to rise to within 12 months (a possible 45.19% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Matthews International (NASDAQ:MATW) was provided by B. Riley Securities, and Matthews International maintained their buy rating.
There is no last upgrade for Matthews International
There is no last downgrade for Matthews International.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matthews International, 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 Matthews International was filed on September 26, 2024 so you should expect the next rating to be made available sometime around September 26, 2025.
While ratings are subjective and will change, the latest Matthews International (MATW) rating was a maintained with a price target of $54.00 to $40.00. The current price Matthews International (MATW) is trading at is $27.55, which is out of the analyst’s predicted range.
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