McKesson Corp has a consensus price target of $561.95 based on the ratings of 19 analysts. The high is $671 issued by Baird on August 8, 2024. The low is $333 issued by Credit Suisse on January 7, 2022. The 3 most-recent analyst ratings were released by Wells Fargo, Citigroup, and Leerink Partners on September 13, 2024, September 10, 2024, and September 5, 2024, respectively. With an average price target of $610 between Wells Fargo, Citigroup, and Leerink Partners, there's an implied 20.67% upside for McKesson Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for McKesson (NYSE:MCK) was reported by Wells Fargo on September 13, 2024. The analyst firm set a price target for $535.00 expecting MCK to rise to within 12 months (a possible 5.84% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for McKesson (NYSE:MCK) was provided by Wells Fargo, and McKesson maintained their equal-weight rating.
The last upgrade for McKesson Corp happened on June 7, 2022 when Deutsche Bank raised their price target to $378. Deutsche Bank previously had a hold for McKesson Corp.
The last downgrade for McKesson Corp happened on February 4, 2022 when Deutsche Bank changed their price target from N/A to N/A for McKesson Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McKesson, 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 McKesson was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
While ratings are subjective and will change, the latest McKesson (MCK) rating was a maintained with a price target of $576.00 to $535.00. The current price McKesson (MCK) is trading at is $505.50, which is out of the analyst’s predicted range.
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