Standard Motor Products Inc has a consensus price target of $52 based on the ratings of 2 analysts. The high is $62 issued by MKM Partners on June 10, 2022. The low is $42 issued by Roth MKM on May 23, 2024. The 2 most-recent analyst ratings were released by Roth MKM and MKM Partners on May 23, 2024 and June 10, 2022, respectively. With an average price target of $52 between Roth MKM and MKM Partners, there's an implied 61.64% upside for Standard Motor Products Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Standard Motor Products (NYSE:SMP) was reported by Roth MKM on May 23, 2024. The analyst firm set a price target for $42.00 expecting SMP to rise to within 12 months (a possible 30.56% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Standard Motor Products (NYSE:SMP) was provided by Roth MKM, and Standard Motor Products reiterated their buy rating.
There is no last upgrade for Standard Motor Products
There is no last downgrade for Standard Motor Products.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Standard Motor Products, 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 Standard Motor Products was filed on May 23, 2024 so you should expect the next rating to be made available sometime around May 23, 2025.
While ratings are subjective and will change, the latest Standard Motor Products (SMP) rating was a reiterated with a price target of $0.00 to $42.00. The current price Standard Motor Products (SMP) is trading at is $32.17, which is within the analyst’s predicted range.
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