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Castings (CGS) Stock Forecast & Price Target

GBX 362
-12.00 (-3.21%)
(As of 11:51 AM ET)

Castings - Analysts' Recommendations 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.

Consensus Rating

Consensus Price Target

GBX 450
High ForecastGBX 450
Average ForecastGBX 450
Low ForecastGBX 450
TypeCurrent Forecast
7/16/23 to 7/15/24
1 Month Ago
6/16/23 to 6/15/24
3 Months Ago
4/17/23 to 4/16/24
1 Year Ago
7/16/22 to 7/16/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 450GBX 450GBX 550GBX 550
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CGS Analyst Recommendations 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.
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CGS 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.
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Castings Stock vs. The Competition

TypeCastingsIndustrials Companies
Consensus Rating Score
3.00
2.59
Consensus RatingBuyModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/12/2024Canaccord Genuity Group
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 Lower TargetBuyGBX 550 ➝ GBX 450+23.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:37 PM ET.

CGS Forecast - Frequently Asked Questions

What is Castings' forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Castings is GBX 450, with a high forecast of GBX 450 and a low forecast of GBX 450.

Should I buy or sell Castings stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Castings in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CGS shares.

Does Castings's stock price have much upside?

According to analysts, Castings's stock has a predicted upside of 23.74% based on their 12-month stock forecasts.

What analysts cover Castings?

Castings has been rated by research analysts at Canaccord Genuity Group in the past 90 days.

Do Wall Street analysts like Castings more than its competitors?

Analysts like Castings more than other "industrials" companies. The consensus rating for Castings is Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how CGS compares to other companies.


This page (LON:CGS) was last updated on 7/15/2024 by MarketBeat.com Staff

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