Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Patrick Industries Inc has a consensus price target of $126 based on the ratings of 10 analysts. The high is $165 issued by Truist Securities on September 20, 2024. The low is $66 issued by MKM Partners on October 3, 2022. The 3 most-recent analyst ratings were released by Benchmark, Raymond James, and BMO Capital on November 4, 2024, November 1, 2024, and November 1, 2024, respectively. With an average price target of $145.33 between Benchmark, Raymond James, and BMO Capital, there's an implied 9.32% upside for Patrick Industries Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Patrick Industries (NASDAQ:PATK) was reported by Benchmark on November 4, 2024. The analyst firm set a price target for $145.00 expecting PATK to rise to within 12 months (a possible 9.07% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for Patrick Industries (NASDAQ:PATK) was provided by Benchmark, and Patrick Industries reiterated their buy rating.
There is no last upgrade for Patrick Industries
There is no last downgrade for Patrick Industries.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Patrick Industries, 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 Patrick Industries was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Patrick Industries (PATK) rating was a reiterated with a price target of $145.00 to $145.00. The current price Patrick Industries (PATK) is trading at is $132.94, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.