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Loungers (LGRS) Stock Forecast & Price Target

GBX 284
+2.00 (+0.71%)
(As of 07/12/2024 ET)

Loungers - 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 370
High ForecastGBX 370
Average ForecastGBX 370
Low ForecastGBX 370
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
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
2 Buy rating(s)
2 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 370GBX 370GBX 350GBX 390
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LGRS 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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LGRS 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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Loungers Stock vs. The Competition

TypeLoungersConsumer Cyclical Companies
Consensus Rating Score
3.00
2.50
Consensus RatingBuyHold
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/16/2024Berenberg Bank
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 Boost TargetBuyGBX 360 ➝ GBX 370+35.04%
5/1/2024Shore Capital
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 Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:45 PM ET.

LGRS Forecast - Frequently Asked Questions

What is Loungers' forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Loungers is GBX 370, with a high forecast of GBX 370 and a low forecast of GBX 370.

Should I buy or sell Loungers stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loungers in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LGRS shares.

Does Loungers's stock price have much upside?

According to analysts, Loungers's stock has a predicted upside of 35.04% based on their 12-month stock forecasts.

What analysts cover Loungers?

Loungers has been rated by research analysts at Berenberg Bank, and Shore Capital in the past 90 days.

Do Wall Street analysts like Loungers more than its competitors?

Analysts like Loungers more than other "consumer cyclical" companies. The consensus rating for Loungers is Buy while the average consensus rating for "consumer cyclical" companies is Hold. Learn more on how LGRS compares to other companies.


This page (LON:LGRS) was last updated on 7/14/2024 by MarketBeat.com Staff

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