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Barrett Business Services (BBSI) Stock Forecast & Price Target

$36.03
+0.53 (+1.49%)
(As of 07/26/2024 ET)

Barrett Business Services - 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 2 Wall Street analysts who have issued ratings for Barrett Business Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for BBSI.

Consensus Price Target

$35.13
-2.51% Downside
High Forecast$35.25
Average Forecast$35.13
Low Forecast$35.00

According to the 2 analysts' twelve-month price targets for Barrett Business Services, the average price target is $35.13. The highest price target for BBSI is $35.25, while the lowest price target for BBSI is $35.00. The average price target represents a forecasted downside of -2.51% from the current price of $36.03.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Moderate Buy
Moderate 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)
1 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 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 Target$35.13$35.13$35.25$26.00
Forecasted Upside-2.51% Downside8.58% Upside14.87% Upside10.37% Upside
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BBSI 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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BBSI 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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Barrett Business Services Stock vs. The Competition

TypeBarrett Business ServicesBusiness Services CompaniesS&P 500
Consensus Rating Score
2.50
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-2.51% Downside127.96% Upside9.17% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/5/2024Sidoti
5 of 5 stars
 DowngradeBuy ➝ Neutral$35.00 ➝ $35.00+5.31%
5/28/2024Barrington Research
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$35.25 ➝ $35.25+12.03%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:47 AM ET.

BBSI Forecast - Frequently Asked Questions

What is Barrett Business Services' forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Barrett Business Services is $35.13, with a high forecast of $35.25 and a low forecast of $35.00.

Should I buy or sell Barrett Business Services stock right now?

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

Does Barrett Business Services's stock price have much upside?

According to analysts, Barrett Business Services's stock has a predicted upside of 8.58% based on their 12-month stock forecasts.

Has Barrett Business Services been downgraded by Wall Street analysts recently?

Over the previous 90 days, Barrett Business Services's stock had 1 downgrade by analysts.

What analysts cover Barrett Business Services?

Barrett Business Services has been rated by research analysts at Barrington Research, and Sidoti in the past 90 days.

Do Wall Street analysts like Barrett Business Services more than its competitors?

Analysts like Barrett Business Services less than other "business services" companies. The consensus rating score for Barrett Business Services is 2.50 while the average consensus rating score for "business services" companies is 2.64. Learn more on how BBSI compares to other companies.


This page (NASDAQ:BBSI) was last updated on 7/26/2024 by MarketBeat.com Staff

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