Vestis Corp has a consensus price target of $16.93 based on the ratings of 8 analysts. The high is $24 issued by Wolfe Research on January 11, 2024. The low is $13 issued by Barclays on November 22, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Goldman Sachs, and Barclays on November 22, 2024, respectively. With an average price target of $14.67 between JP Morgan, Goldman Sachs, and Barclays, there's an implied -10.51% downside for Vestis Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vestis (NYSE:VSTS) was reported by JP Morgan on November 22, 2024. The analyst firm set a price target for $16.00 expecting VSTS to fall to within 12 months (a possible -2.38% downside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Vestis (NYSE:VSTS) was provided by JP Morgan, and Vestis maintained their neutral rating.
There is no last upgrade for Vestis
The last downgrade for Vestis Corp happened on August 8, 2024 when Baird changed their price target from $13 to $13 for Vestis Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vestis, 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 Vestis was filed on November 22, 2024 so you should expect the next rating to be made available sometime around November 22, 2025.
While ratings are subjective and will change, the latest Vestis (VSTS) rating was a maintained with a price target of $15.00 to $16.00. The current price Vestis (VSTS) is trading at is $16.39, which is out of the analyst’s predicted range.
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