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.
Watsco Inc has a consensus price target of $367.45 based on the ratings of 12 analysts. The high is $522 issued by Baird on July 31, 2024. The low is $218 issued by Morgan Stanley on October 12, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Baird, and Stephens & Co. on July 31, 2024, July 31, 2024, and April 25, 2024, respectively. With an average price target of $482.33 between JP Morgan, Baird, and Stephens & Co., there's an implied -3.58% downside for Watsco Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Watsco (NYSE:WSO) was reported by JP Morgan on July 31, 2024. The analyst firm set a price target for $425.00 expecting WSO to fall to within 12 months (a possible -15.04% downside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Watsco (NYSE:WSO) was provided by JP Morgan, and Watsco maintained their neutral rating.
The last upgrade for Watsco Inc happened on July 14, 2022 when Baird raised their price target to $313. Baird previously had a neutral for Watsco Inc.
The last downgrade for Watsco Inc happened on July 10, 2023 when Keybanc changed their price target from N/A to N/A for Watsco Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Watsco, 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 Watsco was filed on July 31, 2024 so you should expect the next rating to be made available sometime around July 31, 2025.
While ratings are subjective and will change, the latest Watsco (WSO) rating was a maintained with a price target of $420.00 to $425.00. The current price Watsco (WSO) is trading at is $500.25, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.