Ollie's Bargain Outlet (OLLI) Stock Forecast & Price Target

$72.20

-0.88 (-1.20%)

(As of 12/8/2023 ET)

Today's Range: $71.35
▼
$73.84
50-Day Range: $71.43
▼
$81.63
52-Week Range: $44.72
▼
$83.19

Volume: 1.17 million shs
Average Volume: 1.06 million shs
Market Capitalization: $4.45 billion

P/E Ratio: 28.43
Dividend Yield: N/A
Price Target: $79.38

Ollie's Bargain Outlet 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

Hold
Based on 13 Analyst Ratings

Analysts' Consensus Price Target

$79.38
9.95% Upside

High Forecast	$95.00
Average Forecast	$79.38
Low Forecast	$51.00

Type	Current Forecast 12/10/22 to 12/10/23	1 Month Ago 11/10/22 to 11/10/23	3 Months Ago 9/11/22 to 9/11/23	1 Year Ago 12/10/21 to 12/10/22
Consensus Rating	Hold	Moderate Buy	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	6 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$79.38	$76.00	$75.13	$59.60
Predicted Upside	9.95% Upside	11.76% Upside	10.39% Upside	15.61% Upside

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OLLI 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.

OLLI 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.

Ollie's Bargain Outlet Stock vs. The Competition

Type	Ollie's Bargain Outlet	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.46	2.45	2.49
Consensus Rating	Hold	Hold	Hold
Predicted Upside	9.95% Upside	795.51% Upside	3,819.11% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
12/7/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$92.00 ➝ $95.00	+27.81%
12/7/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$84.00 ➝ $86.00	+15.84%
10/17/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$75.00 ➝ $83.00	+16.20%
10/2/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$87.00 ➝ $88.00	+12.81%
9/5/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$58.00 ➝ $75.00	+1.26%
9/1/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$71.00 ➝ $80.00	+6.71%
Get the Latest News and Ratings for OLLI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Ollie's Bargain Outlet and its competitors with MarketBeat's FREE daily newsletter.
9/1/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$71.00 ➝ $80.00	+3.79%
9/1/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$80.00 ➝ $91.00	+18.06%
9/1/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$79.00 ➝ $93.00	+20.65%
6/8/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
6/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$70.00 ➝ $72.00	+17.92%
6/8/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$49.00 ➝ $51.00	-16.48%
4/17/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Neutral	$56.00 ➝ $66.00	+14.70%
2/28/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$60.00 ➝ $72.00	+24.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:15 AM ET.

OLLI Price Target - Frequently Asked Questions

What is Ollie's Bargain Outlet's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Ollie's Bargain Outlet stock is Hold based on the current 1 sell rating, 5 hold ratings and 7 buy ratings for OLLI. The average twelve-month price prediction for Ollie's Bargain Outlet is $79.38 with a high price target of $95.00 and a low price target of $51.00. Learn more on OLLI's analyst rating history.
Do Wall Street analysts like Ollie's Bargain Outlet more than its competitors?: Analysts like Ollie's Bargain Outlet more than other Consumer Staples companies. The consensus rating score for Ollie's Bargain Outlet is 2.46 while the average consensus rating score for consumer staples companies is 2.45. Learn more on how OLLI compares to other companies.
Is Ollie's Bargain Outlet being upgraded by Wall Street analysts?: Over the previous 90 days, Ollie's Bargain Outlet's stock had 1 upgrade by analysts.

Does Ollie's Bargain Outlet's stock price have much upside?: According to analysts, Ollie's Bargain Outlet's stock has a predicted upside of 13.20% based on their 12-month stock forecasts.
What analysts cover Ollie's Bargain Outlet?: Ollie's Bargain Outlet has been rated by Royal Bank of Canada, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.

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This page (NASDAQ:OLLI) was last updated on 12/10/2023 by MarketBeat.com Staff

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