Casey's General Stores (CASY) Stock Forecast & Price Target

$373.82

-6.92 (-1.82%)

(As of 09/6/2024 ET)

Casey's General Stores - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Casey's General Stores in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 3 have given a hold rating, and 7 have given a buy rating for CASY.

Consensus Price Target

$401.20
7.32% Upside

High Forecast	$445.00
Average Forecast	$401.20
Low Forecast	$300.00

According to the 10 analysts' twelve-month price targets for Casey's General Stores, the average price target is $401.20. The highest price target for CASY is $445.00, while the lowest price target for CASY is $300.00. The average price target represents a forecasted upside of 7.32% from the current price of $373.82.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)
Hold	3 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$401.20	$410.22	$324.75	$264.89
Forecasted Upside	7.32% Upside	11.25% Upside	10.01% Upside	13.41% Upside

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CASY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CASY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Casey's General Stores Stock vs. The Competition

Type	Casey's General Stores	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.70	2.47	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	7.32% Upside	50.79% Upside	11.35% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/6/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$415.00 ➝ $425.00	+11.62%
9/5/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Sector Perform ➝ Sector Perform	$393.00 ➝ $403.00	+7.60%
9/4/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$298.00 ➝ $300.00	-15.38%
9/3/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$410.00 ➝ $410.00	+13.16%
7/29/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$410.00 ➝ $435.00	+11.89%
7/29/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$420.00 ➝ $444.00	+14.21%
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7/11/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Cerankosky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$410.00	+12.77%
6/13/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$305.00 ➝ $400.00	+6.54%
6/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$342.00 ➝ $445.00	+16.78%
12/13/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$305.00 ➝ $340.00	+24.69%
7/18/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$235.00 ➝ $285.00	+14.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:35 PM ET.

CASY Forecast - Frequently Asked Questions

What is Casey's General Stores' forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Casey's General Stores is $401.20, with a high forecast of $445.00 and a low forecast of $300.00.
Should I buy or sell Casey's General Stores stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casey's General Stores in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CASY shares.
Does Casey's General Stores's stock price have much upside?: According to analysts, Casey's General Stores's stock has a predicted upside of 10.15% based on their 12-month stock forecasts.
Has Casey's General Stores been upgraded by Wall Street analysts recently?: Over the previous 90 days, Casey's General Stores's stock had 1 upgrade by analysts.
What analysts cover Casey's General Stores?: Casey's General Stores has been rated by research analysts at Benchmark, BMO Capital Markets, Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Northcoast Research, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Casey's General Stores more than its competitors?: Analysts like Casey's General Stores more than other "retail/wholesale" companies. The consensus rating for Casey's General Stores is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how CASY compares to other companies.