Barnes Group Inc has a consensus price target of $29.75, established from looking at the 12 latest analyst ratings. The last 3 analyst ratings were released from Oppenheimer, Truist Securities, and Oppenheimer on February 20, 2024, January 10, 2024, and October 30, 2023. With an average price target of $35.67 between Oppenheimer, Truist Securities, and Oppenheimer, there's an implied -3.99% downside for Barnes Group Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/20/2024 | B | Buy Now | Barnes Gr | $37.15 | 15.75% | Oppenheimer | Christopher Glynn | $36 → $43 | Maintains | Outperform | Get Alert |
01/10/2024 | B | Buy Now | Barnes Gr | $37.15 | -8.48% | Truist Securities | Michael Ciarmoli | $23 → $34 | Maintains | Hold | Get Alert |
10/30/2023 | B | Buy Now | Barnes Gr | $37.15 | -19.25% | Oppenheimer | Christopher Glynn | $48 → $30 | Maintains | Outperform | Get Alert |
10/20/2023 | B | Buy Now | Barnes Gr | $37.15 | -0.4% | Truist Securities | Michael Ciarmoli | $40 → $37 | Maintains | Hold | Get Alert |
07/21/2023 | B | Buy Now | Barnes Gr | $37.15 | 7.67% | Truist Securities | Michael Ciarmoli | $38 → $40 | Maintains | Hold | Get Alert |
04/24/2023 | B | Buy Now | Barnes Gr | $37.15 | -0.4% | Truist Securities | Michael Ciarmoli | $40 → $37 | Maintains | Hold | Get Alert |
02/21/2023 | B | Buy Now | Barnes Gr | $37.15 | 7.67% | Truist Securities | Michael Ciarmoli | $37 → $40 | Maintains | Hold | Get Alert |
11/29/2022 | B | Buy Now | Barnes Gr | $37.15 | 29.21% | Oppenheimer | Christopher Glynn | $42 → $48 | Maintains | Outperform | Get Alert |
10/11/2022 | B | Buy Now | Barnes Gr | $37.15 | — | Wolfe Research | Myles Walton | — | Initiates | → Peer Perform | Get Alert |
07/19/2022 | B | Buy Now | Barnes Gr | $37.15 | -11.17% | Truist Securities | Michael Ciarmoli | $38 → $33 | Maintains | Hold | Get Alert |
04/19/2022 | B | Buy Now | Barnes Gr | $37.15 | 10.36% | Truist Securities | Michael Ciarmoli | $48 → $41 | Maintains | Hold | Get Alert |
04/11/2022 | B | Buy Now | Barnes Gr | $37.15 | 13.06% | Alembic Global | Peter Skibitski | → $42 | Downgrade | Overweight → Neutral | Get Alert |
The latest price target for Barnes Gr (NYSE: B) was reported by Oppenheimer on February 20, 2024. The analyst firm set a price target for $43.00 expecting B to rise to within 12 months (a possible 15.75% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Barnes Gr (NYSE: B) was provided by Oppenheimer, and Barnes Gr maintained their outperform rating.
There is no last upgrade for Barnes Gr.
The last downgrade for Barnes Group Inc happened on April 11, 2022 when Alembic Global changed their price target from N/A to $42 for Barnes Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Barnes Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Barnes Gr was filed on February 20, 2024 so you should expect the next rating to be made available sometime around February 20, 2025.
While ratings are subjective and will change, the latest Barnes Gr (B) rating was a maintained with a price target of $36.00 to $43.00. The current price Barnes Gr (B) is trading at is $37.15, which is within the analyst’s predicted range.
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