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Bio-Rad Laboratories (BIO) Stock Forecast & Price Target

Bio-Rad Laboratories logo
$323.69 +3.03 (+0.94%)
(As of 11/20/2024 ET)

Bio-Rad Laboratories - 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
3

Based on 5 Wall Street analysts who have issued ratings for Bio-Rad Laboratories in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for BIO.

Consensus Price Target

$391.80
21.04% Upside
According to the 5 analysts' twelve-month price targets for Bio-Rad Laboratories, the average price target is $391.80. The highest price target for BIO is $469.00, while the lowest price target for BIO is $315.00. The average price target represents a forecasted upside of 21.04% from the current price of $323.69.
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BIO 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
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$391.80$368.20$362.75$533.00
Forecasted Upside21.04% Upside8.26% Upside15.18% Upside72.00% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

BIO 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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BIO 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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Bio-Rad Laboratories Stock vs. The Competition

TypeBio-Rad LaboratoriesMedical CompaniesS&P 500
Consensus Rating Score
2.60
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside21.04% Upside26,931.54% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent BIO News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/31/2024Citigroup
3 of 5 stars
P. Donnelly
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Boost TargetBuy ➝ Buy$400.00 ➝ $450.00+25.63%
10/31/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$446.00 ➝ $469.00+32.25%
8/27/2024Wells Fargo & Company
3 of 5 stars
B. Couillard
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageEqual Weight$340.00+6.36%
6/3/2024Jefferies Financial Group
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 Reiterated RatingBuy ➝ Hold$440.00 ➝ $315.00+8.09%
5/8/2024UBS Group
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 Lower TargetBuy ➝ Buy$420.00 ➝ $385.00+38.60%
8/4/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$580.00 ➝ $550.00+36.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:05 AM ET.


BIO Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Bio-Rad Laboratories is $391.80, with a high forecast of $469.00 and a low forecast of $315.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bio-Rad Laboratories in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BIO shares.

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

Over the previous 90 days, Bio-Rad Laboratories's stock had 1 upgrade by analysts.

Bio-Rad Laboratories has been rated by research analysts at Citigroup, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.

Analysts like Bio-Rad Laboratories less than other "medical" companies. The consensus rating score for Bio-Rad Laboratories is 2.60 while the average consensus rating score for "medical" companies is 2.80. Learn more on how BIO compares to other companies.


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