Spectrum Brands (SPB) Stock Forecast & Price Target

$85.86

-0.24 (-0.28%)

(As of 02/9/2024 08:57 PM ET)

Spectrum Brands Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$88.86
3.49% Upside

High Forecast	$100.00
Average Forecast	$88.86
Low Forecast	$80.00

Type	Current Forecast 2/12/23 to 2/12/24	1 Month Ago 1/13/23 to 1/13/24	3 Months Ago 11/14/22 to 11/14/23	1 Year Ago 2/12/22 to 2/12/23
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$88.86	$82.40	$89.40	$78.33
Predicted Upside	3.49% Upside	23.50% Upside	23.71% Upside	45.33% Upside

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SPB Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SPB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Spectrum Brands Stock vs. The Competition

Type	Spectrum Brands	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.43	2.54	2.48
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	3.49% Upside	2,164.14% Upside	8.84% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
2/9/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$89.00 ➝ $100.00	+18.50%
2/9/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$75.00 ➝ $85.00	-1.25%
2/9/2024	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$87.00 ➝ $98.00	+13.85%
2/9/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$83.00 ➝ $86.00	-0.09%
5/8/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$69.00 ➝ $80.00	+9.66%
3/31/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$84.00 ➝ $87.00	+35.54%
3/30/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:51 AM ET.

SPB Price Target - Frequently Asked Questions

What is Spectrum Brands's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for Spectrum Brands stock is Hold based on the current 4 hold ratings and 3 buy ratings for SPB. The average twelve-month price prediction for Spectrum Brands is $88.86 with a high price target of $100.00 and a low price target of $80.00. Learn more on SPB's analyst rating history.
Do Wall Street analysts like Spectrum Brands more than its competitors?: Analysts like Spectrum Brands less than other Consumer Discretionary companies. The consensus rating for Spectrum Brands is Hold while the average consensus rating for consumer discretionary companies is Moderate Buy. Learn more on how SPB compares to other companies.
Is Spectrum Brands being downgraded by Wall Street analysts?: Over the previous 90 days, Spectrum Brands's stock had 2 downgrades by analysts.

Does Spectrum Brands's stock price have much upside?: According to analysts, Spectrum Brands's stock has a predicted upside of 9.10% based on their 12-month stock forecasts.
What analysts cover Spectrum Brands?: Spectrum Brands has been rated by Canaccord Genuity Group, Canaccord Genuity Group, Monness Crespi & Hardt, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:SPB) was last updated on 2/12/2024 by MarketBeat.com Staff

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Spectrum Brands (SPB) Stock Forecast & Price Target

Spectrum Brands Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

SPB Analyst Ratings By Month

SPB Price Targets by Month

Spectrum Brands Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

SPB Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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