Kontoor Brands Inc has a consensus price target of $69.7 based on the ratings of 11 analysts. The high is $85 issued by UBS on February 16, 2024. The low is $43 issued by Williams Capital on July 25, 2022. The 3 most-recent analyst ratings were released by Guggenheim, Barclays, and Stifel on August 2, 2024, August 2, 2024, and June 14, 2024, respectively. With an average price target of $81 between Guggenheim, Barclays, and Stifel, there's an implied 1.24% upside for Kontoor Brands Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Kontoor Brands (NYSE:KTB) was reported by Guggenheim on August 2, 2024. The analyst firm set a price target for $80.00 expecting KTB to fall to within 12 months (a possible -0.01% downside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for Kontoor Brands (NYSE:KTB) was provided by Guggenheim, and Kontoor Brands maintained their buy rating.
The last upgrade for Kontoor Brands Inc happened on November 6, 2023 when Barclays raised their price target to $59. Barclays previously had an equal-weight for Kontoor Brands Inc.
The last downgrade for Kontoor Brands Inc happened on January 26, 2024 when Edward Jones changed their price target from N/A to N/A for Kontoor Brands Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Kontoor Brands, 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 Kontoor Brands was filed on August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.
While ratings are subjective and will change, the latest Kontoor Brands (KTB) rating was a maintained with a price target of $75.00 to $80.00. The current price Kontoor Brands (KTB) is trading at is $80.01, which is out of the analyst’s predicted range.
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