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Ryder System (R) Stock Forecast & Price Target

Ryder System logo
$169.91 +0.45 (+0.27%)
(As of 11/26/2024 ET)

Ryder System - 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
3
Buy
4

Based on 7 Wall Street analysts who have issued ratings for Ryder System in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for R.

Consensus Price Target

$140.57
-17.27% Downside
According to the 7 analysts' twelve-month price targets for Ryder System, the average price target is $140.57. The highest price target for R is $165.00, while the lowest price target for R is $120.00. The average price target represents a forecasted downside of -17.27% from the current price of $169.91.
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R Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$140.57$140.57$137.86$107.17
Forecasted Upside-17.27% Downside0.58% Upside-2.43% Downside0.61% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

R 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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R 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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Ryder System Stock vs. The Competition

TypeRyder SystemTransportation CompaniesS&P 500
Consensus Rating Score
2.57
2.58
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-17.22% Downside33.64% Upside6.71% Upside
News Sentiment Rating
Positive News

See Recent R News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/25/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$148.00 ➝ $144.00+2.71%
7/26/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$140.00 ➝ $155.00+17.42%
7/8/2024Stephens
4 of 5 stars
D. Imbro
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Initiated CoverageEqual Weight
6/24/2024Morgan Stanley
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 Initiated CoverageOverweight$165.00+36.36%
6/14/2024Vertical Research
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J. Kauffman
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UpgradeHold ➝ Buy$125.00 ➝ $145.00+20.59%
4/24/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$122.00 ➝ $135.00+11.68%
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2/15/2024Wells Fargo & Company
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Allison Poliniak
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Boost TargetEqual Weight ➝ Equal Weight$100.00 ➝ $120.00+8.87%
10/4/2023Wolfe Research
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Scott Group
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DowngradeOutperform ➝ Peer Perform
4/27/2023Stifel Nicolaus
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Bert Subin
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Lower TargetHold$107.00 ➝ $105.00+37.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:34 PM ET.


R Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Ryder System is $140.57, with a high forecast of $165.00 and a low forecast of $120.00.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ryder System in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" R shares.

According to analysts, Ryder System's stock has a predicted downside of -17.27% based on their 12-month stock forecasts.

Ryder System has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.

Analysts like Ryder System less than other "transportation" companies. The consensus rating score for Ryder System is 2.57 while the average consensus rating score for "transportation" companies is 2.58. Learn more on how R compares to other companies.


This page (NYSE:R) was last updated on 11/26/2024 by MarketBeat.com Staff
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