Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Portillos Inc has a consensus price target of $23.79 based on the ratings of 15 analysts. The high is $68 issued by Loop Capital on November 15, 2021. The low is $13 issued by Stephens & Co. on August 7, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and B of A Securities on August 7, 2024, August 6, 2024, and July 17, 2024, respectively. With an average price target of $14.33 between Stephens & Co., Stephens & Co., and B of A Securities, there's an implied 6.49% upside for Portillos Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Portillos (NASDAQ:PTLO) was reported by Stephens & Co. on August 7, 2024. The analyst firm set a price target for $13.00 expecting PTLO to fall to within 12 months (a possible -3.42% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Portillos (NASDAQ:PTLO) was provided by Stephens & Co., and Portillos reiterated their overweight rating.
The last upgrade for Portillos Inc happened on May 5, 2023 when Guggenheim raised their price target to $25. Guggenheim previously had a neutral for Portillos Inc.
The last downgrade for Portillos Inc happened on October 11, 2023 when Morgan Stanley changed their price target from N/A to $19 for Portillos Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Portillos, 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 Portillos was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest Portillos (PTLO) rating was a reiterated with a price target of $13.00 to $13.00. The current price Portillos (PTLO) is trading at is $13.46, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.