Simply Good Foods
(NASDAQ:SMPL)
$34.03
0.14[0.41%]
At close: Mar 28
$34.03
0[0.00%]
After Hours: 4:00PM EDT
Conference call scheduled in 6 days at 8:30 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$46.00
Lowest Price Target1
$38.00
Consensus Price Target1
$41.79

Simply Good Foods Stock (NASDAQ:SMPL), Analyst Ratings, Price Targets, Predictions

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.

Analyst Rating Summary1

Analyst Ratings
Oct 23
2
Dec 23
1
Jan
1
1
Mar
2
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Morgan Stanley
DA Davidson
Needham
Deutsche Bank

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Simply Good Foods

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/28/2024SMPLBuy Now
Simply Good Foods
$34.0311.67%Stifel
Matthew Smith
$48 → $38MaintainsBuyGet Alert
03/20/2024SMPLBuy Now
Simply Good Foods
$34.0323.42%Morgan Stanley
Pamela Kaufman
$46 → $42MaintainsOverweightGet Alert
03/20/2024SMPLBuy Now
Simply Good Foods
$34.0314.6%DA Davidson
Brian Holland
$44 → $39MaintainsNeutralGet Alert
01/05/2024SMPLBuy Now
Simply Good Foods
$34.0332.24%Needham
Matt McGinley
$42 → $45MaintainsBuyGet Alert
01/05/2024SMPLBuy Now
Simply Good Foods
$34.0329.3%DA Davidson
Brian Holland
$42 → $44MaintainsNeutralGet Alert
01/02/2024SMPLBuy Now
Simply Good Foods
$34.0323.42%Deutsche Bank
Steve Powers
→ $42DowngradeBuy → HoldGet Alert
12/08/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%DA Davidson
Brian Holland
→ $42Initiates → NeutralGet Alert
10/25/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Needham
Matt McGinley
→ $42ReiteratesBuy → BuyGet Alert
10/10/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Needham
Matt McGinley
→ $42ReiteratesBuy → BuyGet Alert
09/18/2023SMPLBuy Now
Simply Good Foods
$34.0317.54%Morgan Stanley
Pamela Kaufman
$37 → $40UpgradeEqual-Weight → OverweightGet Alert
07/11/2023SMPLBuy Now
Simply Good Foods
$34.038.73%Morgan Stanley
Pamela Kaufman
$34 → $37MaintainsEqual-WeightGet Alert
07/10/2023SMPLBuy Now
Simply Good Foods
$34.0335.17%Citigroup
Wendy Nicholson
→ $46ReiteratesBuy → BuyGet Alert
06/30/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Mizuho
John Baumgartner
$45 → $42MaintainsBuyGet Alert
06/30/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Needham
Matt McGinley
→ $42ReiteratesBuy → BuyGet Alert
06/13/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Needham
Matt McGinley
→ $42ReiteratesBuy → BuyGet Alert
04/14/2023SMPLBuy Now
Simply Good Foods
$34.0320.48%Stifel
Matthew Smith
→ $41Reinstates → BuyGet Alert
04/06/2023SMPLBuy Now
Simply Good Foods
$34.0326.36%UBS
Cody Ross
$45 → $43MaintainsBuyGet Alert
04/06/2023SMPLBuy Now
Simply Good Foods
$34.0323.42%Needham
Matt McGinley
→ $42Reiterates → BuyGet Alert
03/31/2023SMPLBuy Now
Simply Good Foods
$34.0332.24%UBS
Cody Ross
$42 → $45MaintainsBuyGet Alert

FAQ

Q

What is the target price for Simply Good Foods (SMPL)?

A

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.

Q

What is the most recent analyst rating for Simply Good Foods (SMPL)?

A

The latest analyst rating for Simply Good Foods (NASDAQ: SMPL) was provided by Stifel, and Simply Good Foods maintained their buy rating.

Q

When was the last upgrade for Simply Good Foods (SMPL)?

A

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.

Q

When was the last downgrade for Simply Good Foods (SMPL)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Simply Good Foods (SMPL)?

A

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.

Q

Is the Analyst Rating Simply Good Foods (SMPL) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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