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Johnson & Johnson (JNJ) Stock Forecast & Price Target

Johnson & Johnson logo
$152.36 -0.64 (-0.42%)
(As of 12:09 PM ET)

Johnson & Johnson - 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
7
Buy
8

Based on 15 Wall Street analysts who have issued ratings for Johnson & Johnson in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 7 have given a hold rating, and 8 have given a buy rating for JNJ.

Consensus Price Target

$175.94
15.47% Upside
According to the 15 analysts' twelve-month price targets for Johnson & Johnson, the average price target is $175.94. The highest price target for JNJ is $215.00, while the lowest price target for JNJ is $150.00. The average price target represents a forecasted upside of 15.47% from the current price of $152.36.

JNJ Analyst Ratings Over Time

TypeCurrent Forecast
11/21/23 to 11/20/24
1 Month Ago
10/22/23 to 10/21/24
3 Months Ago
8/23/23 to 8/22/24
1 Year Ago
11/21/22 to 11/21/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
Hold
7 Hold rating(s)
6 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$175.94$175.93$173.21$169.19
Forecasted Upside15.47% Upside8.03% Upside6.69% Upside11.94% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold
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JNJ 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.
Skip Chart & View Analyst Rating History

JNJ 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Johnson & Johnson Stock vs. The Competition

TypeJohnson & JohnsonMedical CompaniesS&P 500
Consensus Rating Score
2.53
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside15.29% Upside26,825.32% Upside10.39% Upside
News Sentiment Rating
Positive News

See Recent JNJ News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Wolfe Research
3 of 5 stars
A. Hammond
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Initiated CoverageOutperform$190.00+25.12%
11/6/2024Guggenheim
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$156.00 ➝ $162.00+2.40%
10/16/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$180.00 ➝ $185.00+12.43%
10/16/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$215.00 ➝ $215.00+30.70%
10/16/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$163.00 ➝ $166.00+0.91%
10/16/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$178.00 ➝ $181.00+10.28%
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10/16/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$169.00 ➝ $175.00+6.62%
7/23/2024Daiwa America
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N. Nakagiri
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DowngradeStrong-Buy ➝ Hold
7/23/2024Daiwa Capital Markets
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 DowngradeOutperform ➝ Neutral$160.00 ➝ $150.00-2.75%
7/19/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$160.00 ➝ $155.00+0.27%
7/18/2024Sanford C. Bernstein
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 Boost Target$161.00 ➝ $171.00+9.10%
7/18/2024TD Securities
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 Lower Target$195.00 ➝ $185.00+18.03%
7/18/2024TD Cowen
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 Lower TargetBuy ➝ Buy$195.00 ➝ $185.00+18.38%
4/18/2024HSBC
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 UpgradeHold ➝ Buy$169.00 ➝ $170.00+17.43%
4/17/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$180.00 ➝ $170.00+17.96%
1/3/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$172.00 ➝ $175.00+8.93%
12/1/2023UBS Group
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 UpgradeNeutral ➝ Buy$167.00 ➝ $180.00+16.39%
10/12/2023Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$158.00 ➝ $162.00+3.73%
8/4/2023Atlantic Securities
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 Boost TargetNeutral ➝ Neutral$167.00 ➝ $170.00-0.42%
7/21/2023JPMorgan Chase & Co.
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 Boost TargetNeutral$175.00 ➝ $180.00+5.75%
7/21/2023Stifel Nicolaus
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 Boost Target$165.00 ➝ $175.00+3.92%
7/21/2023Credit Suisse Group
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 Boost TargetNeutral$170.00 ➝ $175.00+3.92%
2/6/2023Piper Sandler
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 Lower Target$55.00 ➝ $52.00-68.17%
1/20/2023Leerink Partners
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 Lower TargetOutperform$194.00 ➝ $186.00+9.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:26 PM ET.


Should I Buy Johnson & Johnson Stock? JNJ 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 Johnson & Johnson pros and cons to contact@marketbeat.com.

Johnson & Johnson
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Johnson & Johnson:

  • Johnson & Johnson has a strong market capitalization of $385.77 billion, indicating stability and size in the market.
  • Recent increase in institutional ownership to 69.55% of the company's stock, showing confidence from large investors.
  • Consistent dividend payments over the years, providing investors with a reliable income stream.
  • Positive analyst ratings with an average of "Moderate Buy" and a consensus price target of $173.21, suggesting growth potential.
  • Current stock price of $160.29, potentially offering a good entry point for investors looking for value.

Johnson & Johnson
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Johnson & Johnson for these reasons:

  • Recent target price decrease by TD Securities from $195.00 to $185.00, indicating potential concerns in the market.
  • Multiple analyst downgrades from "strong-buy" to "hold," suggesting a shift in sentiment towards the company.
  • Competition in the healthcare field leading to pricing pressures and regulatory challenges for Johnson & Johnson.
  • Market volatility and economic uncertainties impacting the healthcare sector, affecting Johnson & Johnson's performance.
  • Potential impact of global events and health crises on the company's operations and financial results.

JNJ Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Johnson & Johnson is $175.94, with a high forecast of $215.00 and a low forecast of $150.00.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Johnson & Johnson in the last twelve months. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" JNJ shares.

According to analysts, Johnson & Johnson's stock has a predicted upside of 15.47% based on their 12-month stock forecasts.

Johnson & Johnson has been rated by research analysts at Cantor Fitzgerald, Citigroup, Guggenheim, Morgan Stanley, Royal Bank of Canada, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like Johnson & Johnson less than other "medical" companies. The consensus rating score for Johnson & Johnson is 2.53 while the average consensus rating score for "medical" companies is 2.80. Learn more on how JNJ compares to other companies.


This page (NYSE:JNJ) was last updated on 11/20/2024 by MarketBeat.com Staff
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