Perrigo Co PLC has a consensus price target of $41.57 based on the ratings of 7 analysts. The high is $54 issued by Wells Fargo on September 6, 2022. The low is $30 issued by Jefferies on September 23, 2024. The 3 most-recent analyst ratings were released by Canaccord Genuity, Jefferies, and Piper Sandler on September 30, 2024, September 23, 2024, and July 11, 2024, respectively. With an average price target of $35.67 between Canaccord Genuity, Jefferies, and Piper Sandler, there's an implied 31.37% upside for Perrigo Co PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Perrigo (NYSE:PRGO) was reported by Canaccord Genuity on September 30, 2024. The analyst firm set a price target for $42.00 expecting PRGO to rise to within 12 months (a possible 54.70% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Perrigo (NYSE:PRGO) was provided by Canaccord Genuity, and Perrigo maintained their buy rating.
The last upgrade for Perrigo Co PLC happened on September 14, 2022 when Argus Research raised their price target to $46. Argus Research previously had a hold for Perrigo Co PLC.
The last downgrade for Perrigo Co PLC happened on September 23, 2024 when Jefferies changed their price target from $50 to $30 for Perrigo Co PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Perrigo, 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 Perrigo was filed on September 30, 2024 so you should expect the next rating to be made available sometime around September 30, 2025.
While ratings are subjective and will change, the latest Perrigo (PRGO) rating was a maintained with a price target of $42.00 to $42.00. The current price Perrigo (PRGO) is trading at is $27.15, which is out of the analyst’s predicted range.
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