Monro Inc has a consensus price target of $41 based on the ratings of 2 analysts. The high is $47 issued by BMO Capital on May 20, 2022. The low is $35 issued by Wells Fargo on September 7, 2023. The 2 most-recent analyst ratings were released by Wells Fargo and BMO Capital on September 7, 2023 and May 20, 2022, respectively. With an average price target of $41 between Wells Fargo and BMO Capital, there's an implied 53.50% upside for Monro Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Monro (NASDAQ:MNRO) was reported by Wells Fargo on September 7, 2023. The analyst firm set a price target for $35.00 expecting MNRO to rise to within 12 months (a possible 31.04% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Monro (NASDAQ:MNRO) was provided by Wells Fargo, and Monro initiated their equal-weight rating.
There is no last upgrade for Monro
There is no last downgrade for Monro.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monro, 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 Monro was filed on September 7, 2023 so you should expect the next rating to be made available sometime around September 7, 2024.
While ratings are subjective and will change, the latest Monro (MNRO) rating was a initiated with a price target of $0.00 to $35.00. The current price Monro (MNRO) is trading at is $26.71, which is within the analyst’s predicted range.
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