Monro (MNRO) Stock Forecast & Price Target

$26.30

+1.07 (+4.24%)

(As of 07/26/2024 ET)

Monro - 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

Hold
Based on 1 Analyst Ratings

Based on 1 Wall Street analysts who have issued ratings for Monro in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for MNRO.

Consensus Price Target

$35.00
33.08% Upside

High Forecast	$35.00
Average Forecast	$35.00
Low Forecast	$35.00

According to the 1 analysts' twelve-month price targets for Monro, the average price target is $35.00. The highest price target for MNRO is $35.00, while the lowest price target for MNRO is $35.00. The average price target represents a forecasted upside of 33.08% from the current price of $26.30.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	N/A
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	N/A
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	$35.00	$35.00	$35.00	N/A
Forecasted Upside	33.08% Upside	7.83% Upside	7.83% Upside	N/A

Get Monro Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for MNRO and its competitors with MarketBeat's FREE daily newsletter.

Ad MarketBeat

We just added a $300 account credit to your MarketBeat subscription

MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.

Start Your Risk-Free Trial Here

MNRO 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.

MNRO 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.

Monro Stock vs. The Competition

Type	Monro	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.00	2.55	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	34.20% Upside	119.80% Upside	9.03% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
9/7/2023	Wells Fargo & Company 3 of 5 stars		Initiated Coverage	Equal Weight	$35.00	+7.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:08 PM ET.

MNRO Forecast - Frequently Asked Questions

What is Monro's forecast for 2024?: According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Monro is $35.00, with a high forecast of $35.00 and a low forecast of $35.00.
Should I buy or sell Monro stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monro in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MNRO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNRO, but not buy additional shares or sell existing shares.
Does Monro's stock price have much upside?: According to analysts, Monro's stock has a predicted upside of 7.83% based on their 12-month stock forecasts.
Do Wall Street analysts like Monro more than its competitors?: Analysts like Monro less than other "consumer discretionary" companies. The consensus rating for Monro is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how MNRO compares to other companies.