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Barnes Gr

BNYSE
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$46.49
-0.03-0.05%
Last update: 12:47 PM
15 minutes delayed
Barnes Gr (B) announced it will be acquired by Apollo Global Management (APO) on Monday, October 7, 2024 for $3.6B paid in cash
Consensus Rating1
Neutral
Highest Price Target1
$48.00
Lowest Price Target1
$42.00
Consensus Price Target1
$46.25

Barnes Gr (NYSE:B) Stock, Analyst Ratings, Price Targets, Forecasts

Barnes Group Inc has a consensus price target of $46.25 based on the ratings of 5 analysts. The high is $48 issued by Oppenheimer on June 14, 2024. The low is $42 issued by Alembic Global on April 11, 2022. The 3 most-recent analyst ratings were released by Truist Securities, DA Davidson, and Truist Securities on October 8, 2024, October 7, 2024, and July 29, 2024, respectively. With an average price target of $44.33 between Truist Securities, DA Davidson, and Truist Securities, there's an implied -4.65% downside for Barnes Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Apr
1
Jun
0
0
0
0
Jul
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
DA Davidson
Oppenheimer
Alembic Global

1calculated from analyst ratings

Analyst Ratings for Barnes Gr

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FAQ

Q

What is the target price for Barnes Gr (B) stock?

A

The latest price target for Barnes Gr (NYSE:B) was reported by Truist Securities on October 8, 2024. The analyst firm set a price target for $47.50 expecting B to rise to within 12 months (a possible 2.16% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Barnes Gr (B)?

A

The latest analyst rating for Barnes Gr (NYSE:B) was provided by Truist Securities, and Barnes Gr maintained their hold rating.

Q

When was the last upgrade for Barnes Gr (B)?

A

The last upgrade for Barnes Group Inc happened on April 18, 2024 when DA Davidson raised their price target to $45. DA Davidson previously had a neutral for Barnes Group Inc.

Q

When was the last downgrade for Barnes Gr (B)?

A

The last downgrade for Barnes Group Inc happened on October 7, 2024 when DA Davidson changed their price target from $52 to $47.5 for Barnes Group Inc.

Q

When is the next analyst rating going to be posted or updated for Barnes Gr (B)?

A

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 October 8, 2024 so you should expect the next rating to be made available sometime around October 8, 2025.

Q

Is the Analyst Rating Barnes Gr (B) correct?

A

While ratings are subjective and will change, the latest Barnes Gr (B) rating was a maintained with a price target of $38.00 to $47.50. The current price Barnes Gr (B) is trading at is $46.50, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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