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Commercial Vehicle Group (CVGI) Stock Forecast & Price Target

$5.37
-0.06 (-1.10%)
(As of 07/26/2024 ET)

Commercial Vehicle Group - 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 1 Wall Street analysts who have issued ratings for Commercial Vehicle Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for CVGI.

Consensus Price Target

$10.00
86.22% Upside
High Forecast$10.00
Average Forecast$10.00
Low Forecast$10.00

According to the 1 analysts' twelve-month price targets for Commercial Vehicle Group, the average price target is $10.00. The highest price target for CVGI is $10.00, while the lowest price target for CVGI is $10.00. The average price target represents a forecasted upside of 86.22% from the current price of $5.37.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
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
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
2 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$10.00$10.00$10.00$11.50
Forecasted Upside86.22% Upside66.11% Upside48.37% Upside29.72% Upside
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CVGI 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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CVGI 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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Commercial Vehicle Group Stock vs. The Competition

TypeCommercial Vehicle GroupAuto/Tires/Trucks CompaniesS&P 500
Consensus Rating Score
3.00
2.47
2.50
Consensus RatingBuyHoldModerate Buy
Predicted Upside86.22% Upside343.74% Upside9.10% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024Barrington Research
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$10.00 ➝ $10.00+66.11%
12/1/2022Noble Financial
5 of 5 stars
Joe Gomes
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageOutperform$10.00+37.55%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:52 AM ET.

CVGI Forecast - Frequently Asked Questions

What is Commercial Vehicle Group's forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Commercial Vehicle Group is $10.00, with a high forecast of $10.00 and a low forecast of $10.00.

Should I buy or sell Commercial Vehicle Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Commercial Vehicle Group in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVGI shares.

Does Commercial Vehicle Group's stock price have much upside?

According to analysts, Commercial Vehicle Group's stock has a predicted upside of 66.11% based on their 12-month stock forecasts.

What analysts cover Commercial Vehicle Group?

Commercial Vehicle Group has been rated by research analysts at Barrington Research in the past 90 days.

Do Wall Street analysts like Commercial Vehicle Group more than its competitors?

Analysts like Commercial Vehicle Group more than other "auto/tires/trucks" companies. The consensus rating for Commercial Vehicle Group is Buy while the average consensus rating for "auto/tires/trucks" companies is Hold. Learn more on how CVGI compares to other companies.


This page (NASDAQ:CVGI) was last updated on 7/27/2024 by MarketBeat.com Staff

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