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MSFT   410.34 (-0.32%)
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GOOGL   143.96 (-0.09%)
AMZN   174.99 (+0.23%)
TSLA   191.97 (-2.76%)
NVDA   788.17 (+0.36%)
NIO   5.40 (-7.69%)
AMD   176.52 (-2.94%)
BABA   75.96 (-0.21%)
T   16.80 (+1.27%)
F   12.14 (+0.17%)
MU   86.00 (+0.10%)
CGC   3.36 (-0.30%)
GE   153.33 (+1.09%)
DIS   107.74 (+0.09%)
AMC   4.44 (+0.45%)
PFE   27.76 (+0.76%)
PYPL   59.16 (+1.39%)
XOM   103.84 (-0.88%)

Fortrea (FTRE) Stock Forecast & Price Target

$36.57
-0.42 (-1.14%)
(As of 04:00 PM ET)

Fortrea Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$36.40
-0.46% Downside
High Forecast$44.00
Average Forecast$36.40
Low Forecast$27.00
TypeCurrent Forecast
2/23/23 to 2/23/24
1 Month Ago
1/24/23 to 1/24/24
3 Months Ago
11/25/22 to 11/25/23
1 Year Ago
2/23/22 to 2/23/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
4 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
N/A
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
N/A
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
N/A
Consensus Price Target$36.40$37.00$31.75N/A
Predicted Upside-0.46% Downside20.06% Upside6.30% UpsideN/A
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FTRE Analyst Ratings 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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FTRE 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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Fortrea Stock vs. The Competition

TypeFortreaMedical CompaniesS&P 500
Consensus Rating Score
2.50
2.68
2.48
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-1.41% Downside1,076.46% Upside7.77% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/25/2024Barclays
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 Lower TargetOverweight ➝ Overweight$38.00 ➝ $35.00+11.08%
1/5/2024William Blair
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M. Smock
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Initiated CoverageMarket Perform
1/4/2024Jefferies Financial Group
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 Initiated CoverageBuy$44.00+32.13%
12/11/2023Citigroup
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 UpgradeNeutral ➝ Buy$34.00 ➝ $40.00+30.46%
12/1/2023Evercore ISI
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 UpgradeIn-Line ➝ Outperform$32.00 ➝ $36.00+22.28%
8/7/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageUnderperform$27.00-9.30%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:46 PM ET.












FTRE Price Target - Frequently Asked Questions

What is Fortrea's consensus rating and price target?

According to the issued ratings of 6 analysts in the last year, the consensus rating for Fortrea stock is Moderate Buy based on the current 1 sell rating, 1 hold rating and 4 buy ratings for FTRE. The average twelve-month price prediction for Fortrea is $36.40 with a high price target of $44.00 and a low price target of $27.00. Learn more on FTRE's analyst rating history.

Do Wall Street analysts like Fortrea more than its competitors?

Analysts like Fortrea less than other Medical companies. The consensus rating score for Fortrea is 2.50 while the average consensus rating score for medical companies is 2.68. Learn more on how FTRE compares to other companies.

Is Fortrea being upgraded by Wall Street analysts?

Over the previous 90 days, Fortrea's stock had 2 upgrades by analysts.

Does Fortrea's stock price have much upside?

According to analysts, Fortrea's stock has a predicted upside of 17.66% based on their 12-month stock forecasts.

What analysts cover Fortrea?

Fortrea has been rated by Barclays, Citigroup, Evercore ISI, Jefferies Financial Group, and William Blair in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:FTRE) was last updated on 2/23/2024 by MarketBeat.com Staff