The Shyft Group Inc has a consensus price target of $15.25 based on the ratings of 5 analysts. The high is $18 issued by Raymond James on July 28, 2023. The low is $12 issued by Craig-Hallum on October 27, 2023. The 3 most-recent analyst ratings were released by Roth MKM, DA Davidson, and DA Davidson on December 17, 2024, December 17, 2024, and July 29, 2024, respectively. With an average price target of $16.33 between Roth MKM, DA Davidson, and DA Davidson, there's an implied 42.66% upside for The Shyft Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Shyft Group (NASDAQ:SHYF) was reported by Roth MKM on December 17, 2024. The analyst firm set a price target for $16.00 expecting SHYF to rise to within 12 months (a possible 39.74% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Shyft Group (NASDAQ:SHYF) was provided by Roth MKM, and Shyft Group maintained their buy rating.
The last upgrade for The Shyft Group Inc happened on July 29, 2024 when DA Davidson raised their price target to $18. DA Davidson previously had a neutral for The Shyft Group Inc.
The last downgrade for The Shyft Group Inc happened on December 17, 2024 when DA Davidson changed their price target from $18 to $15 for The Shyft Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shyft Group, 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 Shyft Group was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Shyft Group (SHYF) rating was a maintained with a price target of $16.00 to $16.00. The current price Shyft Group (SHYF) is trading at is $11.45, which is out of the analyst’s predicted range.
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