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Broadridge Financial Solutions (BR) Stock Forecast & Price Target

Broadridge Financial Solutions logo
$230.24 +2.77 (+1.22%)
(As of 11/22/2024 ET)

Broadridge Financial Solutions - 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

Sell
0
Hold
4
Buy
3

Based on 7 Wall Street analysts who have issued ratings for Broadridge Financial Solutions in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 4 have given a hold rating, and 3 have given a buy rating for BR.

Consensus Price Target

$222.43
-3.39% Downside
According to the 7 analysts' twelve-month price targets for Broadridge Financial Solutions, the average price target is $222.43. The highest price target for BR is $250.00, while the lowest price target for BR is $185.00. The average price target represents a forecasted downside of -3.39% from the current price of $230.24.
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BR Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$222.43$213.33$213.33$173.67
Forecasted Upside-3.39% Downside-0.33% Downside1.51% Upside-6.93% Downside
Consensus Rating
Hold
Moderate Buy
Hold
Hold

BR 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.
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BR 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.
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Broadridge Financial Solutions Stock vs. The Competition

TypeBroadridge Financial SolutionsBusiness Services CompaniesS&P 500
Consensus Rating Score
2.43
2.68
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-3.39% Downside346.71% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent BR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2024UBS Group
4 of 5 stars
A. Kramm
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Initiated CoverageNeutral$250.00+10.92%
11/6/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$246.00 ➝ $246.00+13.30%
11/6/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$200.00 ➝ $207.00-5.18%
8/20/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$224.00 ➝ $225.00+8.07%
6/11/2024DA Davidson
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 Reiterated RatingNeutral ➝ Neutral$185.00 ➝ $185.00-6.38%
3/26/2024Evercore ISI
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 Reiterated RatingOutperform ➝ Outperform$230.00+13.97%
2/2/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$205.00 ➝ $214.00+6.13%
10/17/2023Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:25 AM ET.


Should I Buy Broadridge Financial Solutions Stock? BR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 7, 2024. Please send any questions or comments about these Broadridge Financial Solutions pros and cons to contact@marketbeat.com.

Broadridge Financial Solutions
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Broadridge Financial Solutions, Inc.:

  • Broadridge Financial Solutions, Inc. has consistently increased its dividend payouts, with the latest quarterly dividend being $0.88, showing a commitment to rewarding shareholders.
  • The company reported a return on equity of 42.77%, indicating strong profitability and efficient use of shareholder equity.
  • Analysts have set a consensus price target of $213.33 for Broadridge Financial Solutions, Inc., suggesting potential for stock price appreciation.
  • Recent earnings results showed an EPS of $3.50, slightly beating analyst estimates, demonstrating solid financial performance.
  • Broadridge Financial Solutions, Inc. has a market capitalization of $25.06 billion, indicating a significant presence in the financial services industry.

Broadridge Financial Solutions
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Broadridge Financial Solutions, Inc. for these reasons:

  • The stock price of Broadridge Financial Solutions, Inc. is currently at $212.03, which may be considered high by some investors, potentially limiting immediate upside.

BR Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Broadridge Financial Solutions is $222.43, with a high forecast of $250.00 and a low forecast of $185.00.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadridge Financial Solutions in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BR, but not buy additional shares or sell existing shares.

According to analysts, Broadridge Financial Solutions's stock has a predicted downside of -3.39% based on their 12-month stock forecasts.

Broadridge Financial Solutions has been rated by research analysts at Morgan Stanley, Royal Bank of Canada, and UBS Group in the past 90 days.

Analysts like Broadridge Financial Solutions less than other "business services" companies. The consensus rating for Broadridge Financial Solutions is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how BR compares to other companies.


This page (NYSE:BR) was last updated on 11/25/2024 by MarketBeat.com Staff
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