Macy's (M)
(Delayed Data from NYSE)
$16.81 USD
+0.26 (1.57%)
Updated Jul 23, 2024 04:00 PM ET
After-Market: $16.80 -0.01 (-0.06%) 7:58 PM ET
2-Buy of 5 2
A Value D Growth B Momentum B VGM
Macy's (M) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$18.44 | $27.00 | $10.00 | 11.42% |
Price Target
Based on short-term price targets offered by nine analysts, the average price target for Macy's comes to $18.44. The forecasts range from a low of $10.00 to a high of $27.00. The average price target represents an increase of 11.42% from the last closing price of $16.55.
Analyst Price Targets (9 )
Broker Rating
Macy's currently has an average brokerage recommendation (ABR) of 2.78 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 2.78 a month ago based on nine recommendations.
Of the nine recommendations deriving the current ABR, two are Strong Buy, representing 22.22% of all recommendations. A month ago, Strong Buy represented 22.22%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 6 | 6 | 6 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.78 | 2.78 | 2.78 | 2.78 | 2.75 |
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 |
---|---|---|---|---|
7/16/2024 | Evercore Partners | Michael Binetti | Hold | Hold |
5/21/2024 | Guggenheim Securities | Robert S Drbul | Hold | Hold |
4/1/2024 | Cowen & Co. | Oliver Chen | Hold | Hold |
3/28/2024 | Telsey Advisory Group | Dana Telsey | Hold | Hold |
2/28/2024 | Goldman Sachs | Brooke Roach | Strong Buy | Strong Buy |
2/28/2024 | UBS | Jay D Sole | Strong Sell | Strong Sell |
2/2/2024 | Not Identified | Not Identified | Strong Sell | 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 | 2.78 |
ABR (Last week) | 2.78 |
# of Recs in ABR | 9 |
Average Target Price | $18.44 |
LT Growth Rate | NA |
Industry | Retail - Regional Department Stores |
Industry Rank by ABR | 35 of 252 |
Current Quarter EPS Est: | 0.30 |