NASDAQ:CREE - Cree Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $47.15 -1.26 (-2.60 %) (As of 01/23/2019 06:03 AM ET)Previous Close$48.41Today's Range$46.62 - $47.9552-Week Range$30.78 - $51.78Volume914,400 shsAverage Volume961,078 shsMarket Capitalization$4.84 billionP/E RatioN/ADividend YieldN/ABeta0.45 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings Cree (NASDAQ:CREE) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.16 Wall Street analysts have issued ratings and price targets for Cree in the last 12 months. Their average twelve-month price target is $48.6123, suggesting that the stock has a possible upside of 3.10%. The high price target for CREE is $60.00 and the low price target for CREE is $38.00. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Hold."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: HoldHoldHoldHoldConsensus Rating Score: 2.382.382.252.05Ratings Breakdown: 1 Sell Rating(s)8 Hold Rating(s)7 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)8 Hold Rating(s)7 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)10 Hold Rating(s)5 Buy Rating(s)0 Strong Buy Rating(s)3 Sell Rating(s)12 Hold Rating(s)4 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $48.6123$48.6123$44.4431$37.8913Price Target Upside: 3.10% upside10.81% upside12.63% upside19.23% downsideCree (NASDAQ:CREE) Consensus Price Target History Cree (NASDAQ:CREE) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails12/9/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$45.96Low11/12/2018BMO Capital MarketsInitiated CoverageOutperform$55.00High11/8/2018Goldman Sachs GroupUpgradeNeutral ➝ Buy$58.00High10/17/2018Deutsche BankLower Price TargetHold$42.00High10/17/2018JMP SecuritiesSet Price TargetBuy$46.00High10/17/2018NomuraSet Price TargetNeutral ➝ Hold$44.00 ➝ $40.00High10/17/2018Canaccord GenuitySet Price TargetBuy ➝ Buy$60.00 ➝ $58.00High10/11/2018CowenSet Price TargetHold$45.00 ➝ $38.00Medium9/11/2018Roth CapitalUpgradeNeutral ➝ Buy$50.00 ➝ $60.00High4/25/2018CIBCUpgradeMarket Perform ➝ OutperformHigh4/25/2018SunTrust BanksBoost Price TargetBuy ➝ Market Perform$39.36 ➝ $53.00High4/25/2018OppenheimerUpgradeMarket Perform ➝ Outperform$53.00High4/25/2018Piper Jaffray CompaniesReiterated RatingHold$45.00High3/7/2018KeyCorpReiterated RatingHoldLow3/7/2018Williams CapitalReiterated RatingHold ➝ Hold$36.00 ➝ $38.00High1/23/2018Tigress FinancialDowngradeStrong-Buy ➝ NeutralHigh12/19/2017Northland SecuritiesReiterated RatingMarket Perform ➝ Under Perform$28.00High10/18/2017Bank of AmericaBoost Price TargetNeutral$31.00 ➝ $32.00N/A9/26/2017Needham & Company LLCReiterated RatingHoldLow8/23/2017StephensDowngradeEqual Weight ➝ Underweight$27.50 ➝ $16.50High1/25/2017UBS GroupBoost Price TargetSell$19.00 ➝ $20.00N/A(Data available from 1/23/2017 forward) This page was last updated on 1/23/2019 by MarketBeat.com StaffFeatured Article: Why are analyst ratings important in trading stocks?