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Macy's

MNYSE
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$15.34
0.221.46%
Pre-Market: 4:01 AM EDT
15 minutes delayed
The dividend Ex-Date was 6 days ago
Consensus Rating1
Buy
Highest Price Target1
$33.00
Lowest Price Target1
$10.00
Consensus Price Target1
$20.76

Macy's (NYSE:M) Stock, Analyst Ratings, Price Targets, Forecasts

Macy's Inc has a consensus price target of $20.76 based on the ratings of 18 analysts. The high is $33 issued by Gordon Haskett on September 28, 2021. The low is $10 issued by UBS on August 23, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, Telsey Advisory Group, and Telsey Advisory Group on August 22, 2024, August 22, 2024, and August 21, 2024, respectively. With an average price target of $18.33 between Morgan Stanley, Telsey Advisory Group, and Telsey Advisory Group, there's an implied 19.51% upside for Macy's Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
1
2
May
0
0
0
0
Jul
4
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.2
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Telsey Advisory Group
Evercore ISI Group
TD Cowen
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Macy's

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Macy's (M) stock?

A

The latest price target for Macy's (NYSE:M) was reported by Morgan Stanley on August 22, 2024. The analyst firm set a price target for $17.00 expecting M to rise to within 12 months (a possible 10.82% upside). 22 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Macy's (M)?

A

The latest analyst rating for Macy's (NYSE:M) was provided by Morgan Stanley, and Macy's maintained their equal-weight rating.

Q

When was the last upgrade for Macy's (M)?

A

The last upgrade for Macy's Inc happened on February 2, 2024 when Citigroup raised their price target to $18. Citigroup previously had a sell for Macy's Inc.

Q

When was the last downgrade for Macy's (M)?

A

The last downgrade for Macy's Inc happened on February 29, 2024 when TD Cowen changed their price target from $23 to $20 for Macy's Inc.

Q

When is the next analyst rating going to be posted or updated for Macy's (M)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macy's, 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 Macy's was filed on August 22, 2024 so you should expect the next rating to be made available sometime around August 22, 2025.

Q

Is the Analyst Rating Macy's (M) correct?

A

While ratings are subjective and will change, the latest Macy's (M) rating was a maintained with a price target of $18.00 to $17.00. The current price Macy's (M) is trading at is $15.34, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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