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Verra Mobility (VRRM) Stock Forecast & Price Target

Verra Mobility logo
$23.04 +0.07 (+0.30%)
(As of 10:28 AM ET)

Verra Mobility - 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
0
Hold
2
Buy
1

Based on 3 Wall Street analysts who have issued ratings for Verra Mobility in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a buy rating for VRRM.

Consensus Price Target

$27.33
18.63% Upside
According to the 3 analysts' twelve-month price targets for Verra Mobility, the average price target is $27.33. The highest price target for VRRM is $29.00, while the lowest price target for VRRM is $25.00. The average price target represents a forecasted upside of 18.63% from the current price of $23.04.
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VRRM Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 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$27.33$29.00$27.67$21.20
Forecasted Upside18.63% Upside9.68% Upside-0.66% Downside7.18% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy

VRRM 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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VRRM 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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Verra Mobility Stock vs. The Competition

TypeVerra MobilityIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.33
2.59
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside18.63% Upside43.88% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent VRRM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetBuy ➝ Buy$31.00 ➝ $29.00+22.99%
11/1/2024Robert W. Baird
2 of 5 stars
 Lower TargetNeutral ➝ Neutral$29.00 ➝ $28.00+7.82%
10/30/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$26.00 ➝ $25.00-5.87%
10/20/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$25.00+25.57%
3/3/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$18.00 ➝ $19.00+7.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:45 AM ET.


VRRM Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Verra Mobility is $27.33, with a high forecast of $29.00 and a low forecast of $25.00.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verra Mobility in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" VRRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRRM, but not buy additional shares or sell existing shares.

According to analysts, Verra Mobility's stock has a predicted upside of 18.63% based on their 12-month stock forecasts.

Verra Mobility has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Morgan Stanley, and Robert W. Baird in the past 90 days.

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


This page (NASDAQ:VRRM) was last updated on 11/21/2024 by MarketBeat.com Staff
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