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Sinclair

SBGINASDAQ
Logo brought to you by Benzinga Data
$14.67
0.614.34%
At Close: -
$14.67
00.00%
After Hours: Sep 20, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$28.00
Lowest Price Target1
$13.00
Consensus Price Target1
$19.83

Sinclair (NASDAQ:SBGI) Stock, Analyst Ratings, Price Targets, Forecasts

Sinclair Inc has a consensus price target of $19.83 based on the ratings of 9 analysts. The high is $28 issued by Deutsche Bank on May 23, 2022. The low is $13 issued by Wells Fargo on March 1, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, Wells Fargo, and Rosenblatt on September 20, 2024, March 1, 2024, and January 18, 2024, respectively. With an average price target of $15.07 between Rosenblatt, Wells Fargo, and Rosenblatt, there's an implied 2.70% upside for Sinclair Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Rosenblatt
Wells Fargo
Guggenheim
Benchmark
Deutsche Bank

1calculated from analyst ratings

Analyst Ratings for Sinclair

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Sinclair (SBGI) stock?

A

The latest price target for Sinclair (NASDAQ:SBGI) was reported by Rosenblatt on September 20, 2024. The analyst firm set a price target for $16.50 expecting SBGI to rise to within 12 months (a possible 12.47% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sinclair (SBGI)?

A

The latest analyst rating for Sinclair (NASDAQ:SBGI) was provided by Rosenblatt, and Sinclair maintained their neutral rating.

Q

When was the last upgrade for Sinclair (SBGI)?

A

The last upgrade for Sinclair Inc happened on May 5, 2022 when Wells Fargo raised their price target to $33. Wells Fargo previously had an equal-weight for Sinclair Inc.

Q

When was the last downgrade for Sinclair (SBGI)?

A

The last downgrade for Sinclair Inc happened on December 8, 2022 when JP Morgan changed their price target from $25 to $16 for Sinclair Inc.

Q

When is the next analyst rating going to be posted or updated for Sinclair (SBGI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sinclair, 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 Sinclair was filed on September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.

Q

Is the Analyst Rating Sinclair (SBGI) correct?

A

While ratings are subjective and will change, the latest Sinclair (SBGI) rating was a maintained with a price target of $16.40 to $16.50. The current price Sinclair (SBGI) is trading at is $14.67, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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