NASDAQ:CVET - Covetrus Price Target & Analyst Ratings

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.

7 Wall Street analysts have issued ratings and price targets for Covetrus in the last 12 months. Their average twelve-month price target is $18.00, suggesting that the stock has a possible upside of 30.43%. The high price target for CVET is $21.00 and the low price target for CVET is $15.00. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."

Covetrus (NASDAQ:CVET) Consensus Price Target History

Covetrus (NASDAQ:CVET) Analyst Ratings History

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
8/16/2019	Credit Suisse Group	Set Price Target	Hold	$15.00	Low
8/15/2019	Raymond James	Lower Price Target	Outperform	$45.00 ➝ $21.00	High
8/14/2019	Stifel Nicolaus	Lower Price Target	Hold	$30.00 ➝ $18.00	High
5/23/2019	Guggenheim	Initiated Coverage	Neutral		High
5/10/2019	Cleveland Research	Initiated Coverage	Hold		High
3/20/2019	Svb Leerink	Reiterated Rating	Outperform		High
2/12/2019	William Blair	Initiated Coverage	Outperform ➝ Outperform		N/A

(Data available from 8/22/2017 forward)