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W.W. Grainger (GWW) Stock Forecast & Price Target

W.W. Grainger logo
$1,206.65 +12.24 (+1.02%)
(As of 11/22/2024 ET)

W.W. Grainger - 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
1
Hold
10
Buy
3

Based on 14 Wall Street analysts who have issued ratings for W.W. Grainger in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 1 has given a sell rating, 10 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for GWW.

Consensus Price Target

$1,109.00
-8.09% Downside
According to the 14 analysts' twelve-month price targets for W.W. Grainger, the average price target is $1,109.00. The highest price target for GWW is $1,280.00, while the lowest price target for GWW is $825.00. The average price target represents a forecasted downside of -8.09% from the current price of $1,206.65.
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GWW Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
1 Strong Buy rating(s)
1 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
10 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$1,109.00$1,043.20$1,017.13$749.57
Forecasted Upside-8.09% Downside-4.52% Downside3.55% Upside-7.34% Downside
Consensus Rating
Hold
Hold
Hold
Hold

GWW 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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GWW 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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W.W. Grainger Stock vs. The Competition

TypeW.W. GraingerIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.21
2.58
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-7.90% Downside38.20% Upside7.76% Upside
News Sentiment Rating
Positive News

See Recent GWW News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$990.00 ➝ $1,215.00+3.66%
11/13/2024UBS Group
4 of 5 stars
A. Mehrotra
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Initiated CoverageNeutral ➝ Neutral$1,000.00 ➝ $1,280.00+5.48%
11/1/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$1,018.00 ➝ $1,125.00+1.99%
10/29/2024Northcoast Research
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A. Reed
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Initiated CoverageNeutral
10/21/2024Loop Capital
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 Boost TargetHold ➝ Hold$900.00 ➝ $1,100.00-2.44%
10/17/2024Oppenheimer
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 DowngradeOutperform ➝ Market Perform
10/16/2024Baird R W
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D. Manthey
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UpgradeHold ➝ Strong-Buy
10/16/2024Robert W. Baird
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 UpgradeNeutral ➝ Outperform$975.00 ➝ $1,230.00+13.25%
10/7/2024Bank of America
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 Initiated CoverageUnderperform$925.00-10.48%
9/22/2024Wolfe Research
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N. Coe
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UpgradeHold
8/2/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$1,000.00 ➝ $1,015.00+6.53%
6/14/2024Erste Group Bank
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 Reiterated RatingBuy ➝ Hold
4/29/2024Stephens
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 UpgradeEqual Weight ➝ Overweight$1,000.00 ➝ $1,250.00+34.52%
12/20/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$825.00-0.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:00 PM ET.


Should I Buy W.W. Grainger Stock? GWW 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 Wednesday, November 6, 2024. Please send any questions or comments about these W.W. Grainger pros and cons to contact@marketbeat.com.

W.W. Grainger
Bull Case

green Wall Street bull icon

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

  • W.W. Grainger, Inc. stock has a consensus rating of "Hold" with an average target price of $1,014.11, indicating potential for growth based on analyst projections.
  • Insider trading activity shows CEO Donald G. Macpherson selling shares at higher prices, suggesting confidence in the company's performance and future prospects.
  • Recent trading activity indicates W.W. Grainger, Inc. shares are trading up, showing positive momentum in the stock price.
  • Increased positions by institutional investors like APG Asset Management N.V. and other hedge funds signal confidence in the company's long-term growth potential.
  • Equities research analysts have issued reports on GWW shares, with some upgrading the stock to a "hold" rating, indicating positive sentiment from experts in the field.

W.W. Grainger
Bear Case

red Wall Street bear icon

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

  • CEO Donald G. Macpherson's repeated selling of company shares may raise concerns about potential future performance or challenges within the organization.
  • While the stock is currently trading up, there could be volatility in the market affecting the stock price in the short term.
  • Despite analyst reports, the stock has a consensus rating of "Hold," which may indicate limited upside potential in the near future.
  • High institutional ownership of the stock (80.70%) may lead to limited room for individual investors to influence company decisions or stock performance.
  • Some analysts have issued neutral or sector perform ratings on W.W. Grainger, Inc., suggesting a lack of strong buy signals from the market.

GWW Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for W.W. Grainger is $1,109.00, with a high forecast of $1,280.00 and a low forecast of $825.00.

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for W.W. Grainger in the last twelve months. There is currently 1 sell rating, 10 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWW, but not buy additional shares or sell existing shares.

According to analysts, W.W. Grainger's stock has a predicted downside of -8.09% based on their 12-month stock forecasts.

Over the previous 90 days, W.W. Grainger's stock had 3 upgrades and 1 downgrade by analysts.

W.W. Grainger has been rated by research analysts at Baird R W, Bank of America, Loop Capital, Morgan Stanley, Northcoast Research, Oppenheimer, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wolfe Research in the past 90 days.

Analysts like W.W. Grainger less than other "industrial products" companies. The consensus rating for W.W. Grainger is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how GWW compares to other companies.


This page (NYSE:GWW) was last updated on 11/22/2024 by MarketBeat.com Staff
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