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Churchill Downs (CHDN) Stock Forecast & Price Target

$136.57
-0.96 (-0.70%)
(As of 10/7/2024 ET)

Churchill Downs - 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

Sell
0
Hold
0
Buy
10

Based on 10 Wall Street analysts who have issued ratings for Churchill Downs in the last 12 months, the stock has a consensus rating of "Buy." Out of the 10 analysts, 10 have given a buy rating for CHDN.

Consensus Price Target

$156.90
14.89% Upside
According to the 10 analysts' twelve-month price targets for Churchill Downs, the average price target is $156.90. The highest price target for CHDN is $166.00, while the lowest price target for CHDN is $138.00. The average price target represents a forecasted upside of 14.89% from the current price of $136.57.
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CHDN Analyst Ratings Over Time

TypeCurrent Forecast
10/8/23 to 10/7/24
1 Month Ago
9/8/23 to 9/7/24
3 Months Ago
7/10/23 to 7/9/24
1 Year Ago
10/8/22 to 10/8/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 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 Target$156.90$156.90$145.25$142.64
Forecasted Upside14.89% Upside14.79% Upside4.65% Upside27.50% Upside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

CHDN 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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CHDN 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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Churchill Downs Stock vs. The Competition

TypeChurchill DownsConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
3.00
2.56
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside14.08% Upside3,285.35% Upside7.59% Upside
News Sentiment Rating
Positive News

See Recent CHDN News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/12/2024Bank of America
4 of 5 stars
 UpgradeNeutral ➝ Buy$145.00 ➝ $155.00+15.97%
7/26/2024Macquarie
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$154.00 ➝ $162.00+13.53%
7/26/2024JMP Securities
2 of 5 stars
 Boost TargetMarket Outperform ➝ Market Outperform$158.00 ➝ $166.00+16.43%
7/26/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$143.00 ➝ $157.00+9.64%
7/26/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$165.00 ➝ $166.00+20.32%
7/26/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$150.00 ➝ $161.00+16.70%
7/22/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$153.00 ➝ $160.00+14.20%
7/11/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$153.00 ➝ $160.00+14.74%
10/19/2023Susquehanna
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 Lower TargetPositive ➝ Positive$145.00 ➝ $138.00+23.93%
10/12/2023Capital One Financial
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 Initiated CoverageOverweight$144.00+26.66%
12/8/2022JPMorgan Chase & Co.
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 Initiated CoverageNeutral$121.50+9.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:36 PM ET.


CHDN Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Churchill Downs is $156.90, with a high forecast of $166.00 and a low forecast of $138.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHDN shares.

According to analysts, Churchill Downs's stock has a predicted upside of 14.89% based on their 12-month stock forecasts.

Over the previous 90 days, Churchill Downs's stock had 1 upgrade by analysts.

Churchill Downs has been rated by research analysts at Bank of America, Jefferies Financial Group, JMP Securities, Macquarie, Mizuho, Stifel Nicolaus, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Churchill Downs more than other "consumer discretionary" companies. The consensus rating for Churchill Downs is Buy while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how CHDN compares to other companies.


This page (NASDAQ:CHDN) was last updated on 10/7/2024 by MarketBeat.com Staff
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