$12.35
0.25[2.07%]
At close: Apr 19
$12.35
0[0.00%]
After Hours: 4:00PM EDT
Sinclair
(NASDAQ:SBGI)Sinclair Stock (NASDAQ:SBGI), Analyst Ratings, Price Targets, Predictions
Sinclair Inc has a consensus price target of $19.74, established from looking at the 24 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Rosenblatt, and Guggenheim on March 1, 2024, January 18, 2024, and November 3, 2023. With an average price target of $16.23 between Wells Fargo, Rosenblatt, and Guggenheim, there's an implied 31.44% upside for Sinclair Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Rosenblatt
Guggenheim
Benchmark
Deutsche Bank
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Sinclair
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/01/2024 | SBGI | Buy Now | Sinclair | $12.35 | 5.26% | Wells Fargo | Steven Cahall | $12 → $13 | Maintains | Underweight | Get Alert |
| 01/18/2024 | SBGI | Buy Now | Sinclair | $12.35 | 27.13% | Rosenblatt | Barton Crockett | $10.4 → $15.7 | Maintains | Neutral | Get Alert |
| 11/03/2023 | SBGI | Buy Now | Sinclair | $12.35 | 61.94% | Guggenheim | Curry Baker | $30 → $20 | Maintains | Buy | Get Alert |
| 09/05/2023 | SBGI | Buy Now | Sinclair | $12.35 | 9.31% | Rosenblatt | Barton Crockett | $18.6 → $13.5 | Maintains | Neutral | Get Alert |
| 08/23/2023 | SBGI | Buy Now | Sinclair | $12.35 | 102.43% | Benchmark | Daniel Kurnos | → $25 | Reiterates | Buy → Buy | Get Alert |
| 08/15/2023 | SBGI | Buy Now | Sinclair | $12.35 | 37.65% | Deutsche Bank | Bryan Kraft | $18 → $17 | Maintains | Hold | Get Alert |
| 05/09/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 45.75% | Deutsche Bank | Benjamin Soff | $22 → $18 | Maintains | Hold | Get Alert |
| 05/04/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 102.43% | EF Hutton | Edward Reilly | $38 → $25 | Maintains | Buy | Get Alert |
| 04/18/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 78.14% | Deutsche Bank | Benjamin Soff | $22 → $21 | Maintains | Hold | Get Alert |
| 02/23/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 21.46% | Wells Fargo | Steven Cahall | $16 → $15 | Maintains | Underweight | Get Alert |
| 02/23/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 29.55% | Rosenblatt | Barton Crockett | $18 → $16 | Maintains | Neutral | Get Alert |
| 02/21/2023 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 142.91% | Benchmark | Daniel Kurnos | → $30 | Reiterates | → Buy | Get Alert |
| 12/08/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 29.55% | JP Morgan | David Karnovsky | $25 → $16 | Downgrade | Neutral → Underweight | Get Alert |
| 11/03/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 29.55% | Wells Fargo | Steven Cahall | $30 → $16 | Downgrade | Overweight → Underweight | Get Alert |
| 11/03/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 45.75% | Rosenblatt | Barton Crockett | $20 → $18 | Maintains | Neutral | Get Alert |
| 10/05/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 304.86% | EF Hutton | Edward Reilly | $40 → $50 | Maintains | Buy | Get Alert |
| 10/04/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 61.94% | Rosenblatt | Barton Crockett | $24 → $20 | Maintains | Neutral | Get Alert |
| 05/23/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 126.72% | Deutsche Bank | Connor Murphy | $31 → $28 | Maintains | Hold | Get Alert |
| 05/12/2022 | SBGI | Buy Now | Sinclair Broadcast Group | $12.35 | 94.33% | Rosenblatt | Barton Crockett | $22 → $24 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Sinclair (SBGI)?
The latest price target for Sinclair (NASDAQ: SBGI) was reported by Wells Fargo on March 1, 2024. The analyst firm set a price target for $13.00 expecting SBGI to rise to within 12 months (a possible 5.26% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sinclair (SBGI)?
The latest analyst rating for Sinclair (NASDAQ: SBGI) was provided by Wells Fargo, and Sinclair maintained their underweight rating.
When was the last upgrade for Sinclair (SBGI)?
The last upgrade for Sinclair Inc happened on May 5, 2022 when Wells Fargo raised their price target to $33. Wells Fargo previously had an equal-weight for Sinclair Inc.
When was the last downgrade for Sinclair (SBGI)?
The last downgrade for Sinclair Inc happened on December 8, 2022 when JP Morgan changed their price target from $25 to $16 for Sinclair Inc.
When is the next analyst rating going to be posted or updated for Sinclair (SBGI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sinclair, 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 Sinclair was filed on March 1, 2024 so you should expect the next rating to be made available sometime around March 1, 2025.
Is the Analyst Rating Sinclair (SBGI) correct?
While ratings are subjective and will change, the latest Sinclair (SBGI) rating was a maintained with a price target of $12.00 to $13.00. The current price Sinclair (SBGI) is trading at is $12.35, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.