McKesson Corp has a consensus price target of $580.32 based on the ratings of 19 analysts. The high is $713 issued by Citigroup on November 13, 2024. The low is $333 issued by Credit Suisse on January 7, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Wells Fargo, and Citigroup on December 17, 2024, December 13, 2024, and November 13, 2024, respectively. With an average price target of $665.33 between Morgan Stanley, Wells Fargo, and Citigroup, there's an implied 14.87% upside for McKesson Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for McKesson (NYSE:MCK) was reported by Morgan Stanley on December 17, 2024. The analyst firm set a price target for $642.00 expecting MCK to rise to within 12 months (a possible 10.84% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for McKesson (NYSE:MCK) was provided by Morgan Stanley, and McKesson maintained their overweight rating.
The last upgrade for McKesson Corp happened on November 7, 2024 when Baird raised their price target to $688. Baird previously had a neutral for McKesson Corp.
The last downgrade for McKesson Corp happened on September 24, 2024 when Baird changed their price target from $603 to $531 for McKesson Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McKesson, 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 McKesson was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest McKesson (MCK) rating was a maintained with a price target of $612.00 to $642.00. The current price McKesson (MCK) is trading at is $579.22, which is out of the analyst’s predicted range.
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