BBB Foods Inc has a consensus price target of $28.67 based on the ratings of 6 analysts. The high is $36 issued by Scotiabank on May 31, 2024. The low is $22 issued by Morgan Stanley on March 5, 2024. The 3 most-recent analyst ratings were released by Scotiabank, B of A Securities, and UBS on May 31, 2024, May 23, 2024, and April 9, 2024, respectively. With an average price target of $31.33 between Scotiabank, B of A Securities, and UBS, there's an implied 16.48% upside for BBB Foods Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/31/2024 | Buy Now | 33.83% | Scotiabank | Hector Maya | $33 → $36 | Maintains | Sector Outperform | Get Alert |
05/23/2024 | Buy Now | 15.24% | B of A Securities | — | $26 → $31 | Maintains | Buy | Get Alert |
04/09/2024 | Buy Now | 0.37% | UBS | Rodrigo Alcantara | $26 → $27 | Downgrade | Buy → Neutral | Get Alert |
03/12/2024 | Buy Now | 22.68% | Scotiabank | Hector Maya | → $33 | Initiates | → Sector Outperform | Get Alert |
03/06/2024 | Buy Now | 11.52% | JP Morgan | Joseph Giordano | → $30 | Initiates | → Overweight | Get Alert |
03/05/2024 | Buy Now | -3.35% | UBS | Peter Richardson | → $26 | Initiates | → Buy | Get Alert |
03/05/2024 | Buy Now | -18.22% | Morgan Stanley | Andrew Ruben | → $22 | Initiates | → Equal-Weight | Get Alert |
The latest price target for BBB Foods (NYSE:TBBB) was reported by Scotiabank on May 31, 2024. The analyst firm set a price target for $36.00 expecting TBBB to rise to within 12 months (a possible 33.83% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for BBB Foods (NYSE:TBBB) was provided by Scotiabank, and BBB Foods maintained their sector outperform rating.
There is no last upgrade for BBB Foods
The last downgrade for BBB Foods Inc happened on April 9, 2024 when UBS changed their price target from $26 to $27 for BBB Foods Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BBB Foods, 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 BBB Foods was filed on May 31, 2024 so you should expect the next rating to be made available sometime around May 31, 2025.
While ratings are subjective and will change, the latest BBB Foods (TBBB) rating was a maintained with a price target of $33.00 to $36.00. The current price BBB Foods (TBBB) is trading at is $26.90, which is out of the analyst’s predicted range.
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