The Simply Good Foods Co has a consensus price target of $41.79, established from looking at the 54 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Morgan Stanley, and DA Davidson on March 28, 2024, March 20, 2024, and March 20, 2024. With an average price target of $39.67 between Stifel, Morgan Stanley, and DA Davidson, there's an implied 16.56% upside for The Simply Good Foods Co from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/28/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 11.67% | Stifel | Matthew Smith | $48 → $38 | Maintains | Buy | Get Alert |
03/20/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Morgan Stanley | Pamela Kaufman | $46 → $42 | Maintains | Overweight | Get Alert |
03/20/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 14.6% | DA Davidson | Brian Holland | $44 → $39 | Maintains | Neutral | Get Alert |
01/05/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 32.24% | Needham | Matt McGinley | $42 → $45 | Maintains | Buy | Get Alert |
01/05/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 29.3% | DA Davidson | Brian Holland | $42 → $44 | Maintains | Neutral | Get Alert |
01/02/2024 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Deutsche Bank | Steve Powers | → $42 | Downgrade | Buy → Hold | Get Alert |
12/08/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | DA Davidson | Brian Holland | → $42 | Initiates | → Neutral | Get Alert |
10/25/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Needham | Matt McGinley | → $42 | Reiterates | Buy → Buy | Get Alert |
10/10/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Needham | Matt McGinley | → $42 | Reiterates | Buy → Buy | Get Alert |
09/18/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 17.54% | Morgan Stanley | Pamela Kaufman | $37 → $40 | Upgrade | Equal-Weight → Overweight | Get Alert |
07/11/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 8.73% | Morgan Stanley | Pamela Kaufman | $34 → $37 | Maintains | Equal-Weight | Get Alert |
07/10/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 35.17% | Citigroup | Wendy Nicholson | → $46 | Reiterates | Buy → Buy | Get Alert |
06/30/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Mizuho | John Baumgartner | $45 → $42 | Maintains | Buy | Get Alert |
06/30/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Needham | Matt McGinley | → $42 | Reiterates | Buy → Buy | Get Alert |
06/13/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Needham | Matt McGinley | → $42 | Reiterates | Buy → Buy | Get Alert |
04/14/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 20.48% | Stifel | Matthew Smith | → $41 | Reinstates | → Buy | Get Alert |
04/06/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 26.36% | UBS | Cody Ross | $45 → $43 | Maintains | Buy | Get Alert |
04/06/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 23.42% | Needham | Matt McGinley | → $42 | Reiterates | → Buy | Get Alert |
03/31/2023 | SMPL | Buy Now | Simply Good Foods | $34.03 | 32.24% | UBS | Cody Ross | $42 → $45 | Maintains | Buy | Get Alert |
The latest price target for Simply Good Foods (NASDAQ: SMPL) was reported by Stifel on March 28, 2024. The analyst firm set a price target for $38.00 expecting SMPL to rise to within 12 months (a possible 11.67% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Simply Good Foods (NASDAQ: SMPL) was provided by Stifel, and Simply Good Foods maintained their buy rating.
The last upgrade for The Simply Good Foods Co happened on September 18, 2023 when Morgan Stanley raised their price target to $40. Morgan Stanley previously had an equal-weight for The Simply Good Foods Co.
The last downgrade for The Simply Good Foods Co happened on January 2, 2024 when Deutsche Bank changed their price target from N/A to $42 for The Simply Good Foods Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Simply Good 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 Simply Good Foods was filed on March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
While ratings are subjective and will change, the latest Simply Good Foods (SMPL) rating was a maintained with a price target of $48.00 to $38.00. The current price Simply Good Foods (SMPL) is trading at is $34.03, which is out of the analyst’s predicted range.
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