$46.40
00.00%
At close: Jul 19, 4:00 PM EDT
$46.40
00.00%
After Hours: Jul 19, 4:00 PM EDT
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ScanSource
SCSCNASDAQ
ScanSource (NASDAQ:SCSC) Stock, Analyst Ratings, Price Targets, Forecasts
ScanSource Inc has a consensus price target of $35.5 based on the ratings of 2 analysts. The high is $36 issued by Northcoast Research on December 19, 2023. The low is $35 issued by Raymond James on November 10, 2023. The 3 most-recent analyst ratings were released by Northcoast Research, Raymond James, and Raymond James on December 19, 2023, November 10, 2023, and November 9, 2022, respectively. With an average price target of $37 between Northcoast Research, Raymond James, and Raymond James, there's an implied -20.26% downside for ScanSource Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Northcoast Research
Raymond James
1calculated from analyst ratings
Analyst Ratings for ScanSource
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 12/19/2023 | Buy Now | -22.41% | Northcoast Research | Keith Housum | → $36 | Downgrade | Buy → Neutral | Get Alert |
| 11/10/2023 | Buy Now | -24.57% | Raymond James | Adam Tindle | $40 → $35 | Maintains | Outperform | Get Alert |
| 08/23/2023 | Buy Now | — | Northcoast Research | Keith Housum | — | Upgrade | Neutral → Buy | Get Alert |
| 11/09/2022 | Buy Now | -13.79% | Raymond James | Adam Tindle | $44 → $40 | Maintains | Outperform | Get Alert |
| 11/10/2021 | Buy Now | -5.17% | Raymond James | Adam Tindle | — | Maintains | Outperform | Get Alert |
| 08/25/2021 | Buy Now | -13.79% | Raymond James | Adam Tindle | — | Maintains | Outperform | Get Alert |
| 07/28/2021 | Buy Now | — | Northcoast Research | Keith Housum | — | Upgrade | Neutral → Buy | Get Alert |
FAQ
What is the target price for ScanSource (SCSC) stock?
The latest price target for ScanSource (NASDAQ:SCSC) was reported by Northcoast Research on December 19, 2023. The analyst firm set a price target for $36.00 expecting SCSC to fall to within 12 months (a possible -22.41% downside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for ScanSource (SCSC)?
The latest analyst rating for ScanSource (NASDAQ:SCSC) was provided by Northcoast Research, and ScanSource downgraded their neutral rating.
When was the last upgrade for ScanSource (SCSC)?
The last upgrade for ScanSource Inc happened on August 23, 2023 when Northcoast Research raised their price target to N/A. Northcoast Research previously had a neutral for ScanSource Inc.
When was the last downgrade for ScanSource (SCSC)?
The last downgrade for ScanSource Inc happened on December 19, 2023 when Northcoast Research changed their price target from N/A to $36 for ScanSource Inc.
When is the next analyst rating going to be posted or updated for ScanSource (SCSC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ScanSource, 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 ScanSource was filed on December 19, 2023 so you should expect the next rating to be made available sometime around December 19, 2024.
Is the Analyst Rating ScanSource (SCSC) correct?
While ratings are subjective and will change, the latest ScanSource (SCSC) rating was a downgraded with a price target of $0.00 to $36.00. The current price ScanSource (SCSC) is trading at is $46.40, which is out of the analyst’s predicted range.
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