The Shyft Group Inc has a consensus price target of $16 based on the ratings of 4 analysts. The high is $18 issued by DA Davidson on July 29, 2024. The low is $12 issued by Craig-Hallum on October 27, 2023. The 3 most-recent analyst ratings were released by DA Davidson, DA Davidson, and Craig-Hallum on July 29, 2024, February 27, 2024, and October 27, 2023, respectively. With an average price target of $14 between DA Davidson, DA Davidson, and Craig-Hallum, there's an implied 5.50% 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 DA Davidson on July 29, 2024. The analyst firm set a price target for $18.00 expecting SHYF to rise to within 12 months (a possible 35.64% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Shyft Group (NASDAQ:SHYF) was provided by DA Davidson, and Shyft Group upgraded 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 October 27, 2023 when BTIG changed their price target from N/A to N/A 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 July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.
While ratings are subjective and will change, the latest Shyft Group (SHYF) rating was a upgraded with a price target of $12.00 to $18.00. The current price Shyft Group (SHYF) is trading at is $13.27, which is within the analyst’s predicted range.
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