Steelcase Inc has a consensus price target of $9 based on the ratings of 6 analysis. The 3 most-recent analyst ratings were released by Benchmark, Benchmark, and Benchmark on June 24, 2024, June 21, 2024, and June 14, 2024, respectively. With an average price target of $17.67 between Benchmark, Benchmark, and Benchmark, there's an implied 39.50% upside for Steelcase Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/24/2024 | Buy Now | 42.13% | Benchmark | Reuben Garner | $17 → $18 | Maintains | Buy | Get Alert |
06/21/2024 | Buy Now | 42.13% | Benchmark | Reuben Garner | $17 → $18 | Maintains | Buy | Get Alert |
06/14/2024 | Buy Now | 34.24% | Benchmark | Reuben Garner | → $17 | Upgrade | Hold → Buy | Get Alert |
11/30/2022 | Buy Now | — | Benchmark | Reuben Garner | — | Downgrade | Buy → Hold | Get Alert |
09/23/2022 | Buy Now | -5.24% | Benchmark | Reuben Garner | $16 → $12 | Maintains | Buy | Get Alert |
09/15/2022 | Buy Now | — | Sidoti & Co. | Gregory Burns | — | Downgrade | Buy → Neutral | Get Alert |
The latest price target for Steelcase (NYSE:SCS) was reported by Benchmark on June 24, 2024. The analyst firm set a price target for $18.00 expecting SCS to rise to within 12 months (a possible 42.13% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Steelcase (NYSE:SCS) was provided by Benchmark, and Steelcase maintained their buy rating.
The last upgrade for Steelcase Inc happened on June 14, 2024 when Benchmark raised their price target to $17. Benchmark previously had a hold for Steelcase Inc.
The last downgrade for Steelcase Inc happened on November 30, 2022 when Benchmark changed their price target from N/A to N/A for Steelcase Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Steelcase, 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 Steelcase was filed on June 24, 2024 so you should expect the next rating to be made available sometime around June 24, 2025.
While ratings are subjective and will change, the latest Steelcase (SCS) rating was a maintained with a price target of $17.00 to $18.00. The current price Steelcase (SCS) is trading at is $12.66, which is out of the analyst’s predicted range.
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