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Sysco Corp has a consensus price target of $85.29 based on the ratings of 19 analysts. The high is $92 issued by Jefferies on September 25, 2024. The low is $75 issued by Deutsche Bank on October 19, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Jefferies, and JP Morgan on October 30, 2024, September 25, 2024, and September 16, 2024, respectively. With an average price target of $87.33 between Wells Fargo, Jefferies, and JP Morgan, there's an implied 15.23% upside for Sysco Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Sysco (NYSE:SYY) was reported by Wells Fargo on October 30, 2024. The analyst firm set a price target for $82.00 expecting SYY to rise to within 12 months (a possible 8.19% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for Sysco (NYSE:SYY) was provided by Wells Fargo, and Sysco maintained their overweight rating.
The last upgrade for Sysco Corp happened on May 28, 2024 when Guggenheim raised their price target to $85. Guggenheim previously had a neutral for Sysco Corp.
The last downgrade for Sysco Corp happened on February 2, 2023 when Argus Research changed their price target from N/A to N/A for Sysco Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sysco, 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 Sysco was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Sysco (SYY) rating was a maintained with a price target of $87.00 to $82.00. The current price Sysco (SYY) is trading at is $75.79, which is out of the analyst’s predicted range.
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