Fortrea Holdings Inc. (FTRE)
(Delayed Data from NSDQ)
$19.91 USD
-0.35 (-1.73%)
Updated Sep 10, 2024 04:00 PM ET
After-Market: $19.92 +0.01 (0.05%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum A VGM
Fortrea Holdings Inc. (FTRE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$24.30 | $30.00 | $21.00 | 19.94% |
Price Target
Based on short-term price targets offered by 10 analysts, the average price target for Fortrea Holdings Inc. comes to $24.30. The forecasts range from a low of $21.00 to a high of $30.00. The average price target represents an increase of 19.94% from the last closing price of $20.26.
Analyst Price Targets (10)
Broker Rating
Fortrea Holdings Inc. currently has an average brokerage recommendation (ABR) of 2.55 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 11 brokerage firms. The current ABR compares to an ABR of 2.55 a month ago based on 11 recommendations.
Of the 11 recommendations deriving the current ABR, three are Strong Buy, representing 27.27% of all recommendations. A month ago, Strong Buy represented 27.27%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/FTRE.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 5 | 5 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 7 | 7 | 7 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.55 | 2.55 | 2.55 | 2.18 | 2.18 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/13/2024 | Mizuho SecuritiesUSA | Ann K Hynes | Hold | Hold |
8/13/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/13/2024 | Cowen & Co. | Charles Rhyee | Hold | Hold |
8/13/2024 | Robert W. Baird & Co. | Eric W Coldwell | Strong Buy | Strong Buy |
8/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/12/2024 | William Blair | Maxwell A Smock | Hold | Hold |
8/8/2024 | Evercore Partners | Elizabeth Anderson | Strong Buy | Hold |
7/24/2024 | Not Identified | Not Identified | Strong Buy | Hold |
6/6/2024 | Goldman Sachs | Matthew Sykes | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.55 |
ABR (Last week) | 2.55 |
# of Recs in ABR | 11 |
Average Target Price | $24.30 |
LT Growth Rate | 16.90% |
Industry | Medical - Biomedical and Genetics |
Industry Rank by ABR | 83 of 253 |
Current Quarter EPS Est: | 0.28 |
FTRE FAQs
Fortrea Holdings Inc. (FTRE) currently has an average brokerage recommendation (ABR) of 2.55 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 11 brokerage firms.
The average price target for Fortrea Holdings Inc. (FTRE) is $24.30. The current on short-term price targets is based on 4 reports.
The forecasts for Fortrea Holdings Inc. (FTRE) range from a low of $21 to a high of $30. The average price target represents a increase of $19.94 from the last closing price of $20.26.
The current UPSIDE for Fortrea Holdings Inc. (FTRE) is 19.94%
Based on short-term price targets offered by 10 analysts, the average price target for Fortrea Holdings Inc. comes to $24.30. The forecasts range from a low of $21.00 to a high of $30.00. The average price target represents an increase of 19.94% from the last closing price of $20.26.