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Chefs' Warehouse (CHEF) Stock Forecast & Price Target

$38.58
+0.31 (+0.81%)
(As of 03:28 PM ET)

Chefs' Warehouse - 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

Buy
Based on 3 Analyst Ratings

Consensus Price Target

$48.00
24.42% Upside
High Forecast$50.00
Average Forecast$48.00
Low Forecast$44.00
TypeCurrent Forecast
5/31/23 to 5/30/24
1 Month Ago
5/1/23 to 4/30/24
3 Months Ago
3/2/23 to 3/1/24
1 Year Ago
5/31/22 to 5/31/23
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
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
5 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 Target$48.00$47.67$47.67$47.60
Forecasted Upside24.42% Upside41.53% Upside41.53% Upside33.83% Upside
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CHEF 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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CHEF 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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Chefs' Warehouse Stock vs. The Competition

TypeChefs' WarehouseConsumer Staples CompaniesS&P 500
Consensus Rating Score
3.00
2.44
2.49
Consensus RatingBuyHoldHold
Predicted Upside24.93% Upside688.14% Upside12.13% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/2/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$50.00+35.91%
2/16/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$35.00 ➝ $50.00+35.94%
2/15/2024UBS Group
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 Boost TargetBuy ➝ Buy$36.00 ➝ $44.00+26.00%
12/21/2022Jefferies Financial Group
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 UpgradeHold ➝ Buy$43.00+28.47%
8/22/2022BTIG Research
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 Boost TargetBuy$46.00 ➝ $48.00+41.80%
6/23/2022Lake Street Capital
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 Boost TargetBuy$45.00 ➝ $48.00+38.57%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:46 PM ET.

CHEF Frequently Asked Questions

What is Chefs' Warehouse's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Chefs' Warehouse is $48.00, with a high forecast of $50.00 and a low forecast of $44.00. The consensus rating for Chefs' Warehouse stock is Buy based on the current 3 buy ratings for CHEF. Learn more on CHEF's analyst rating history.

Do Wall Street analysts like Chefs' Warehouse more than its competitors?

Analysts like Chefs' Warehouse more than other "consumer staples" companies. The consensus rating for Chefs' Warehouse is Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how CHEF compares to other companies.

Does Chefs' Warehouse's stock price have much upside?

According to analysts, Chefs' Warehouse's stock has a predicted upside of 32.73% based on their 12-month stock forecasts.

What analysts cover Chefs' Warehouse?

Chefs' Warehouse has been rated by research analysts at Benchmark in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:CHEF) was last updated on 5/30/2024 by MarketBeat.com Staff

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