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ModivCare Inc has a consensus price target of $40.8 based on the ratings of 5 analysts. The high is $95 issued by Stephens & Co. on June 27, 2023. The low is $14 issued by Jefferies on September 13, 2024. The 3 most-recent analyst ratings were released by Barrington Research on November 18, 2024, November 8, 2024, and October 3, 2024, respectively. With an average price target of $24 between Barrington Research, there's an implied 115.63% upside for ModivCare Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for ModivCare (NASDAQ:MODV) was reported by Barrington Research on November 18, 2024. The analyst firm set a price target for $25.00 expecting MODV to rise to within 12 months (a possible 124.62% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for ModivCare (NASDAQ:MODV) was provided by Barrington Research, and ModivCare maintained their outperform rating.
The last upgrade for ModivCare Inc happened on August 9, 2024 when Barrington Research raised their price target to $35. Barrington Research previously had a market perform for ModivCare Inc.
The last downgrade for ModivCare Inc happened on February 26, 2024 when Barrington Research changed their price target from N/A to N/A for ModivCare Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ModivCare, 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 ModivCare was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest ModivCare (MODV) rating was a maintained with a price target of $25.00 to $25.00. The current price ModivCare (MODV) is trading at is $11.13, which is out of the analyst’s predicted range.
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