Tapestry (TPR) Stock Forecast & Price Target

$40.36

-0.64 (-1.56%)

(As of 09/6/2024 ET)

Tapestry - 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

Moderate Buy
Based on 14 Analyst Ratings

Based on 14 Wall Street analysts who have issued ratings for Tapestry in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 5 have given a hold rating, and 9 have given a buy rating for TPR.

Consensus Price Target

$46.13
14.30% Upside

High Forecast	$54.00
Average Forecast	$46.13
Low Forecast	$33.00

According to the 14 analysts' twelve-month price targets for Tapestry, the average price target is $46.13. The highest price target for TPR is $54.00, while the lowest price target for TPR is $33.00. The average price target represents a forecasted upside of 14.30% from the current price of $40.36.

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	Moderate Buy	Moderate Buy	Moderate Buy	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	9 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	6 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	$46.13	$47.63	$48.31	$50.23
Forecasted Upside	14.30% Upside	23.81% Upside	28.23% Upside	34.02% Upside

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TPR 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.

TPR 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.

Tapestry Stock vs. The Competition

Type	Tapestry	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.64	2.47	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	14.30% Upside	50.86% Upside	11.36% Upside
News Sentiment Rating	Positive News	Neutral 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
8/16/2024	UBS Group 4 of 5 stars		Lower Target	Neutral ➝ Neutral	$42.00 ➝ $40.00	-0.62%
8/16/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$52.00 ➝ $50.00	+27.55%
8/16/2024	JPMorgan Chase & Co. 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$54.00 ➝ $51.00	+30.10%
8/15/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$54.00 ➝ $54.00	+37.65%
8/9/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$53.00 ➝ $47.00	+19.75%
8/6/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $49.00	+24.84%
Get the Latest News and Ratings for TPR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Tapestry and its competitors with MarketBeat's FREE daily newsletter.
6/18/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Ruggeri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$52.00 ➝ $52.00	+25.09%
5/10/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$52.00 ➝ $50.00	+23.85%
5/9/2024	Bernstein Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$46.00 ➝ $48.00	+23.93%
4/17/2024	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Mixed
2/29/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$50.00	+4.78%
2/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$41.00 ➝ $47.00	+13.20%
1/30/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$40.00 ➝ $44.00	+11.62%
12/12/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight	$38.00	+12.36%
11/10/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$43.00 ➝ $39.00	+39.39%
9/13/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$33.00	+4.76%
8/23/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$60.00	+80.29%
8/11/2023	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
8/1/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$47.00 ➝ $59.00	+36.73%
5/15/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$50.00 ➝ $55.00	+33.56%
2/10/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$45.00 ➝ $55.00	+23.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:59 PM ET.

TPR Forecast - Frequently Asked Questions

What is Tapestry's forecast for 2024?: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Tapestry is $46.13, with a high forecast of $54.00 and a low forecast of $33.00.
Should I buy or sell Tapestry stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TPR shares.
Does Tapestry's stock price have much upside?: According to analysts, Tapestry's stock has a predicted upside of 19.53% based on their 12-month stock forecasts.
What analysts cover Tapestry?: Tapestry has been rated by research analysts at Argus, Citigroup, Evercore ISI, JPMorgan Chase & Co., Telsey Advisory Group, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Tapestry more than its competitors?: Analysts like Tapestry more than other "retail/wholesale" companies. The consensus rating for Tapestry is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how TPR compares to other companies.