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Compass Minerals International (CMP) Stock Forecast & Price Target

$8.37
+0.15 (+1.82%)
(As of 09/6/2024 ET)

Compass Minerals International - 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

Based on 4 Wall Street analysts who have issued ratings for Compass Minerals International in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 2 have given a hold rating, and 2 have given a buy rating for CMP.

Consensus Price Target

$31.00
270.37% Upside
High Forecast$60.00
Average Forecast$31.00
Low Forecast$20.00

According to the 4 analysts' twelve-month price targets for Compass Minerals International, the average price target is $31.00. The highest price target for CMP is $60.00, while the lowest price target for CMP is $20.00. The average price target represents a forecasted upside of 270.37% from the current price of $8.37.

TypeCurrent 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
Hold
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
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$31.00$31.00$31.00$58.00
Forecasted Upside270.37% Upside81.07% Upside81.07% Upside73.36% Upside
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CMP 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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CMP 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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Compass Minerals International Stock vs. The Competition

TypeCompass Minerals InternationalBasic Materials CompaniesS&P 500
Consensus Rating Score
2.50
2.69
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside270.37% Upside192.84% Upside11.36% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/26/2024Loop Capital
2 of 5 stars
 UpgradeHold ➝ Buy$26.00 ➝ $23.00+82.25%
3/26/2024BMO Capital Markets
4 of 5 stars
 Lower TargetMarket Perform ➝ Market Perform$25.00 ➝ $20.00+37.46%
2/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$24.00 ➝ $21.00+1.45%
1/11/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$75.00 ➝ $60.00+191.12%
7/19/2023BTIG Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral
5/22/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$50.00 ➝ $45.00+32.00%
3/23/2023CL King
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 Lower TargetBuy$50.00 ➝ $47.00+50.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:42 PM ET.

CMP Forecast - Frequently Asked Questions

What is Compass Minerals International's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Compass Minerals International is $31.00, with a high forecast of $60.00 and a low forecast of $20.00.

Should I buy or sell Compass Minerals International stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Compass Minerals International in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMP shares.

Does Compass Minerals International's stock price have much upside?

According to analysts, Compass Minerals International's stock has a predicted upside of 81.07% based on their 12-month stock forecasts.

Do Wall Street analysts like Compass Minerals International more than its competitors?

Analysts like Compass Minerals International less than other "basic materials" companies. The consensus rating score for Compass Minerals International is 2.50 while the average consensus rating score for "basic materials" companies is 2.69. Learn more on how CMP compares to other companies.


This page (NYSE:CMP) was last updated on 9/7/2024 by MarketBeat.com Staff

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