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Cencora (COR) Stock Forecast & Price Target

Cencora logo
$227.69 +1.42 (+0.63%)
(As of 12/20/2024 05:45 PM ET)

Cencora - Analysts' Recommendations and Stock Price Forecast (2025)

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
2
Buy
9

Based on 11 Wall Street analysts who have issued ratings for Cencora in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 2 have given a hold rating, and 9 have given a buy rating for COR.

Consensus Price Target

$275.60
21.04% Upside
According to the 11 analysts' twelve-month price targets for Cencora, the average price target is $275.60. The highest price target for COR is $292.00, while the lowest price target for COR is $237.00. The average price target represents a forecasted upside of 21.04% from the current price of $227.69.
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COR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$275.60$271.20$256.67$198.67
Forecasted Upside21.04% Upside10.68% Upside12.40% Upside-2.15% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

COR 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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COR 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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Cencora Stock vs. The Competition

TypeCencoraMedical CompaniesS&P 500
Consensus Rating Score
2.82
2.81
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.04% Upside25,828.59% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent COR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/13/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$249.00 ➝ $237.00+2.07%
12/4/2024Mizuho
3 of 5 stars
A. Hynes
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Initiated CoverageHold ➝ Outperform$280.00+11.98%
11/7/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$287.00 ➝ $292.00+17.29%
11/7/2024UBS Group
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 Boost TargetBuy ➝ Buy$275.00 ➝ $285.00+14.68%
11/7/2024Barclays
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 Boost TargetOverweight ➝ Overweight$263.00 ➝ $290.00+18.18%
11/7/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$250.00 ➝ $285.00+16.15%
10/7/2024Leerink Partners
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 Lower TargetOutperform ➝ Outperform$277.00 ➝ $275.00+25.03%
9/18/2024Bank of America
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 Reiterated RatingBuy ➝ Neutral$275.00 ➝ $245.00+4.46%
8/21/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$280.00 ➝ $287.00+20.03%
4/30/2024Citigroup
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 Boost TargetBuy ➝ Buy$265.00 ➝ $280.00+16.87%
2/26/2024Leerink Partnrs
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M. Cherny
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Reiterated RatingOutperform
8/7/2023TD Cowen
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 Boost TargetOutperform ➝ Outperform$205.00 ➝ $215.00+15.07%
8/3/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$176.00 ➝ $190.00-1.69%
5/26/2023888
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 Reiterated RatingMaintains
5/3/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$174.00 ➝ $182.00+8.81%
1/12/2023Argus
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 Boost TargetBuy$170.00 ➝ $190.00+14.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:06 AM ET.


Should I Buy Cencora Stock? COR 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 Friday, December 13, 2024. Please send any questions or comments about these Cencora pros and cons to contact@marketbeat.com.

Cencora
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Cencora, Inc.:

  • The stock has a current price of $248.47, which reflects a strong market position and investor interest.
  • Cencora, Inc. has recently increased its quarterly dividend to $0.55, up from $0.51, indicating a commitment to returning value to shareholders.
  • Analysts have a consensus rating of "Moderate Buy" for the stock, with a target price of $276.80, suggesting potential for price appreciation.
  • Ten analysts have assigned a buy rating to the stock, reflecting strong confidence in the company's growth prospects.
  • The company has a solid market capitalization of approximately $48.96 billion, which provides stability and resources for future growth initiatives.

Cencora
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Cencora, Inc. for these reasons:

  • The stock has a relatively high price-to-earnings (P/E) ratio of 33.09, which may indicate that it is overvalued compared to its earnings.
  • Cencora, Inc. has a high debt-to-equity ratio of 4.84, suggesting that the company relies heavily on debt financing, which can be risky in volatile markets.
  • Insider selling has been significant, with 93,018 shares sold recently, which may raise concerns about the confidence of insiders in the company's future performance.
  • Recent price fluctuations, including a drop of $3.50 in a single trading session, indicate potential volatility that could deter risk-averse investors.
  • Two analysts have rated the stock with a hold rating, suggesting that some market participants may not see immediate upside potential.

COR Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Cencora is $275.60, with a high forecast of $292.00 and a low forecast of $237.00.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cencora in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COR shares.

According to analysts, Cencora's stock has a predicted upside of 21.04% based on their 12-month stock forecasts.

Cencora has been rated by research analysts at Barclays, Evercore ISI, Leerink Partners, Mizuho, Robert W. Baird, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Cencora more than other "medical" companies. The consensus rating score for Cencora is 2.82 while the average consensus rating score for "medical" companies is 2.81. Learn more on how COR compares to other companies.


This page (NYSE:COR) was last updated on 12/22/2024 by MarketBeat.com Staff
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