Graco (GGG) Stock Forecast & Price Target

$80.03

-0.08 (-0.10%)

(As of 09/6/2024 ET)

Graco - 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

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Graco in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 4 have given a hold rating, and 2 have given a buy rating for GGG.

Consensus Price Target

$86.80
8.46% Upside

High Forecast	$100.00
Average Forecast	$86.80
Low Forecast	$73.00

According to the 6 analysts' twelve-month price targets for Graco, the average price target is $86.80. The highest price target for GGG is $100.00, while the lowest price target for GGG is $73.00. The average price target represents a forecasted upside of 8.46% from the current price of $80.03.

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	Hold	Hold	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)	2 Buy rating(s)
Hold	4 Hold rating(s)	4 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	$86.80	$86.80	$88.25	$83.00
Forecasted Upside	8.46% Upside	5.63% Upside	7.78% Upside	10.55% Upside

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GGG 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.

GGG 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.

Graco Stock vs. The Competition

Type	Graco	Industrial Products Companies	S&P 500
Consensus Rating Score	2.33	2.53	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	8.46% Upside	50.66% Upside	11.36% Upside
News Sentiment Rating	Neutral News	Positive 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
7/26/2024	DA Davidson 3 of 5 stars		Lower Target	Neutral ➝ Neutral	$82.00 ➝ $79.00	-6.24%
7/26/2024	Royal Bank of Canada 4 of 5 stars		Lower Target	Outperform ➝ Outperform	$99.00 ➝ $96.00	+13.19%
7/26/2024	Robert W. Baird 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$87.00 ➝ $86.00	+2.64%
4/26/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
1/11/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$90.00 ➝ $100.00	+19.55%
10/5/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$73.00	-1.84%
2/2/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Liptak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:18 PM ET.

GGG Forecast - Frequently Asked Questions

What is Graco's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Graco is $86.80, with a high forecast of $100.00 and a low forecast of $73.00.
Should I buy or sell Graco stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Graco in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GGG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGG, but not buy additional shares or sell existing shares.
Does Graco's stock price have much upside?: According to analysts, Graco's stock has a predicted upside of 5.63% based on their 12-month stock forecasts.
What analysts cover Graco?: Graco has been rated by research analysts at DA Davidson, Robert W. Baird, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like Graco more than its competitors?: Analysts like Graco less than other "industrial products" companies. The consensus rating for Graco is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how GGG compares to other companies.