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RHI Magnesita (RHIM) Stock Forecast & Price Target

GBX 3,660
+50.00 (+1.39%)
(As of 04:22 AM ET)

RHI Magnesita - 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

Based on 3 Wall Street analysts who have issued ratings for RHI Magnesita in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for RHIM.

Consensus Price Target

GBX 4,033.33
High ForecastGBX 4,300
Average ForecastGBX 4,033.33
Low ForecastGBX 3,800

According to the 3 analysts' twelve-month price targets for RHI Magnesita, the average price target is GBX 4,033.33. The highest price target for RHIM is GBX 4,300, while the lowest price target for RHIM is GBX 3,800. The average price target represents a forecasted upside of 10.20% from the current price of GBX 3,660.

TypeCurrent Forecast
7/23/23 to 7/22/24
1 Month Ago
6/23/23 to 6/22/24
3 Months Ago
4/24/23 to 4/23/24
1 Year Ago
7/23/22 to 7/23/23
Consensus Rating
Moderate Buy
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
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 4,033.33GBX 4,033.33GBX 4,033.33GBX 2,835
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RHIM 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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RHIM 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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RHI Magnesita Stock vs. The Competition

TypeRHI MagnesitaIndustrials Companies
Consensus Rating Score
2.67
2.60
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/3/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingBuyGBX 4,300+22.86%
2/29/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector PerformGBX 3,400 ➝ GBX 4,000+8.05%
2/29/2024Barclays
2 of 5 stars
 Reiterated RatingOverweightGBX 3,800+2.65%
2/28/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuyGBX 2,955+17.52%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:44 AM ET.

RHIM Forecast - Frequently Asked Questions

What is RHI Magnesita's forecast for 2024?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for RHI Magnesita is GBX 4,033.33, with a high forecast of GBX 4,300 and a low forecast of GBX 3,800.

Should I buy or sell RHI Magnesita stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RHI Magnesita in the last year. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RHIM shares.

Does RHI Magnesita's stock price have much upside?

According to analysts, RHI Magnesita's stock has a predicted upside of 10.97% based on their 12-month stock forecasts.

Do Wall Street analysts like RHI Magnesita more than its competitors?

Analysts like RHI Magnesita more than other "industrials" companies. The consensus rating score for RHI Magnesita is 2.67 while the average consensus rating score for "industrials" companies is 2.60. Learn more on how RHIM compares to other companies.


This page (LON:RHIM) was last updated on 7/22/2024 by MarketBeat.com Staff

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