Verra Mobility Corp has a consensus price target of $25.25 based on the ratings of 4 analysts. The high is $29 issued by Deutsche Bank on November 1, 2024. The low is $19 issued by Credit Suisse on March 3, 2023. The 3 most-recent analyst ratings were released by Deutsche Bank, Baird, and Morgan Stanley on November 1, 2024, November 1, 2024, and October 30, 2024, respectively. With an average price target of $27.33 between Deutsche Bank, Baird, and Morgan Stanley, there's an implied 14.32% upside for Verra Mobility Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Verra Mobility (NASDAQ:VRRM) was reported by Deutsche Bank on November 1, 2024. The analyst firm set a price target for $29.00 expecting VRRM to rise to within 12 months (a possible 21.29% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Verra Mobility (NASDAQ:VRRM) was provided by Deutsche Bank, and Verra Mobility maintained their buy rating.
The last upgrade for Verra Mobility Corp happened on July 31, 2023 when Deutsche Bank raised their price target to $26. Deutsche Bank previously had a hold for Verra Mobility Corp.
The last downgrade for Verra Mobility Corp happened on July 13, 2022 when Baird changed their price target from N/A to N/A for Verra Mobility Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Verra Mobility, 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 Verra Mobility was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Verra Mobility (VRRM) rating was a maintained with a price target of $31.00 to $29.00. The current price Verra Mobility (VRRM) is trading at is $23.91, which is out of the analyst’s predicted range.
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