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Ryder System Inc has a consensus price target of $134.11 based on the ratings of 11 analysts. The high is $183 issued by Goldman Sachs on December 12, 2024. The low is $90 issued by Baird on January 5, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, JP Morgan, and Baird on December 12, 2024, October 25, 2024, and July 26, 2024, respectively. With an average price target of $160.67 between Goldman Sachs, JP Morgan, and Baird, there's an implied 5.01% upside for Ryder System Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ryder System (NYSE:R) was reported by Goldman Sachs on December 12, 2024. The analyst firm set a price target for $183.00 expecting R to rise to within 12 months (a possible 19.61% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Ryder System (NYSE:R) was provided by Goldman Sachs, and Ryder System maintained their buy rating.
The last upgrade for Ryder System Inc happened on June 14, 2024 when Vertical Research raised their price target to $145. Vertical Research previously had a hold for Ryder System Inc.
The last downgrade for Ryder System Inc happened on January 10, 2024 when Vertical Research changed their price target from $61 to $120 for Ryder System Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ryder System, 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 Ryder System was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest Ryder System (R) rating was a maintained with a price target of $160.00 to $183.00. The current price Ryder System (R) is trading at is $153.00, which is out of the analyst’s predicted range.
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