Encore Wire Corp has a consensus price target of $195, established from looking at the 3 latest analyst ratings. The last 3 analyst ratings were released from CJS Securities, Sidoti & Co., and DA Davidson on April 19, 2024, April 16, 2024, and April 16, 2024. With an average price target of $195 between CJS Securities, Sidoti & Co., and DA Davidson, there's an implied -31.11% downside for Encore Wire Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/19/2024 | WIRE | Buy Now | Encore Wire | $283.04 | — | CJS Securities | Christopher Moore | — | Downgrade | Market Outperform → Market Perform | Get Alert |
04/16/2024 | WIRE | Buy Now | Encore Wire | $283.04 | 2.46% | Sidoti & Co. | Julio Romero | → $290 | Downgrade | Buy → Neutral | Get Alert |
04/16/2024 | WIRE | Buy Now | Encore Wire | $283.04 | 4.23% | DA Davidson | Brent Thielman | → $295 | Downgrade | Buy → Neutral | Get Alert |
The latest price target for Encore Wire (NASDAQ: WIRE) was reported by CJS Securities on April 19, 2024. The analyst firm set a price target for $0.00 expecting WIRE to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Encore Wire (NASDAQ: WIRE) was provided by CJS Securities, and Encore Wire downgraded their market perform rating.
There is no last upgrade for Encore Wire.
The last downgrade for Encore Wire Corp happened on April 19, 2024 when CJS Securities changed their price target from N/A to N/A for Encore Wire Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Encore Wire, 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 Encore Wire was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Encore Wire (WIRE) rating was a downgraded with a price target of $0.00 to $0.00. The current price Encore Wire (WIRE) is trading at is $283.04, which is out of the analyst’s predicted range.
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