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Core & Main (CNM) Stock Forecast & Price Target

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$42.25 -0.48 (-1.12%)
(As of 11/12/2024 ET)

Core & Main - 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
3
Buy
6

Based on 10 Wall Street analysts who have issued ratings for Core & Main in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 3 have given a hold rating, and 6 have given a buy rating for CNM.

Consensus Price Target

$51.20
21.18% Upside
According to the 10 analysts' twelve-month price targets for Core & Main, the average price target is $51.20. The highest price target for CNM is $64.00, while the lowest price target for CNM is $34.00. The average price target represents a forecasted upside of 21.18% from the current price of $42.25.
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CNM Analyst Ratings Over Time

TypeCurrent Forecast
11/14/23 to 11/13/24
1 Month Ago
10/15/23 to 10/14/24
3 Months Ago
8/16/23 to 8/15/24
1 Year Ago
11/14/22 to 11/14/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$51.20$50.50$52.90$36.55
Forecasted Upside21.18% Upside11.55% Upside2.98% Upside9.68% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CNM 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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CNM 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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Core & Main Stock vs. The Competition

TypeCore & MainIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.50
2.60
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside21.18% Upside133.38% Upside7.93% Upside
News Sentiment Rating
Positive News

See Recent CNM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/16/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$53.00 ➝ $60.00+32.68%
9/23/2024Wells Fargo & Company
3 of 5 stars
S. Reid
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Initiated CoverageOverweight$52.00+19.79%
9/6/2024The Goldman Sachs Group
2 of 5 stars
 Lower TargetNeutral ➝ Neutral$57.00 ➝ $50.00+31.61%
9/5/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$60.00 ➝ $53.00+35.48%
9/5/2024Loop Capital
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 Lower TargetBuy ➝ Buy$64.00 ➝ $52.00+32.92%
9/5/2024Bank of America
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 Lower TargetUnderperform ➝ Underperform$38.00 ➝ $34.00-12.80%
9/5/2024Barclays
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 Lower TargetOverweight ➝ Overweight$65.00 ➝ $57.00+44.49%
9/5/2024Truist Financial
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 Lower TargetHold ➝ Hold$50.00 ➝ $38.00-3.63%
9/3/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$54.00 ➝ $52.00+8.18%
4/5/2024Citigroup
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 DowngradeBuy ➝ Neutral$63.00 ➝ $64.00+10.63%
10/12/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$40.00+28.29%
9/7/2023Credit Suisse Group
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 Boost Target$28.00 ➝ $33.00+11.98%
6/13/2023Northcoast Research
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 Initiated CoverageBuy$40.00+41.64%
6/12/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$42.00 ➝ $44.00+56.86%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:33 AM ET.


CNM Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Core & Main is $51.20, with a high forecast of $64.00 and a low forecast of $34.00.

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Core & Main in the last year. There is currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CNM shares.

According to analysts, Core & Main's stock has a predicted upside of 21.18% based on their 12-month stock forecasts.

Analysts like Core & Main less than other "industrial products" companies. The consensus rating score for Core & Main is 2.50 while the average consensus rating score for "industrial products" companies is 2.60. Learn more on how CNM compares to other companies.


This page (NYSE:CNM) was last updated on 11/13/2024 by MarketBeat.com Staff
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