Simply Good Foods Stock (NASDAQ:SMPL), Analyst Ratings, Price Targets, Predictions

The latest price target for Simply Good Foods (NASDAQ: SMPL) was reported by DA Davidson on April 30, 2024. The analyst firm set a price target for $35.00 expecting SMPL to fall to within 12 months (a possible -6.87% downside). 23 analyst firms have reported ratings in the last year.

The latest analyst rating for Simply Good Foods (NASDAQ: SMPL) was provided by DA Davidson, and Simply Good Foods maintained their neutral rating.

The last upgrade for The Simply Good Foods Co happened on September 18, 2023 when Morgan Stanley raised their price target to $40. Morgan Stanley previously had an equal-weight for The Simply Good Foods Co.

The last downgrade for The Simply Good Foods Co happened on January 2, 2024 when Deutsche Bank changed their price target from N/A to $42 for The Simply Good Foods Co.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Simply Good Foods, 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 Simply Good Foods was filed on April 30, 2024 so you should expect the next rating to be made available sometime around April 30, 2025.

While ratings are subjective and will change, the latest Simply Good Foods (SMPL) rating was a maintained with a price target of $34.00 to $35.00. The current price Simply Good Foods (SMPL) is trading at is $37.58, which is out of the analyst’s predicted range.