Premier (PINC) Stock Forecast & Price Target

$20.69

-0.18 (-0.86%)

(As of 11/28/2023 ET)

Today's Range: $20.61
▼
$20.80
50-Day Range: $19.01
▼
$21.99
52-Week Range: $18.89
▼
$35.57

Volume: 661,579 shs
Average Volume: 790,114 shs
Market Capitalization: $2.47 billion

P/E Ratio: 13.98
Dividend Yield: 4.06%
Price Target: $27.50

Premier Consensus Analyst Rating and Stock Price Forecast (2023)

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 10 Analyst Ratings

Analysts' Consensus Price Target

$27.50
32.91% Upside

High Forecast	$42.00
Average Forecast	$27.50
Low Forecast	$21.00

Type	Current Forecast 11/29/22 to 11/29/23	1 Month Ago 10/30/22 to 10/30/23	3 Months Ago 8/31/22 to 8/31/23	1 Year Ago 11/29/21 to 11/29/22
Consensus Rating	Hold	Hold	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	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	6 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$27.50	$29.64	$29.64	$39.88
Predicted Upside	32.91% Upside	14.69% Upside	14.69% Upside	15.04% Upside

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PINC 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.

PINC 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.

Premier Stock vs. The Competition

Type	Premier	Medical Companies	S&P 500
Consensus Rating Score	2.20	2.67	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	32.91% Upside	1,019.61% Upside	2,838.33% Upside
News Sentiment Rating	Neutral 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
11/13/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$26.00 ➝ $21.00	+8.19%
11/9/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$32.00 ➝ $30.00	+55.84%
8/24/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$30.00 ➝ $24.00	+9.64%
8/24/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$33.00 ➝ $25.00	+14.21%
8/23/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$29.00 ➝ $26.00	+8.11%
8/23/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$38.00 ➝ $30.00	+24.74%
8/23/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform ➝ Underperform	$31.00 ➝ $26.00	+8.11%
8/23/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral	$44.00 ➝ $25.00	+3.95%
5/3/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$31.00 ➝ $26.00	-3.56%
5/2/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
2/8/2023	SVB Leerink Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$46.00 ➝ $42.00	+27.16%

(Data available from 11/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

PINC Price Target - Frequently Asked Questions

What is Premier's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for Premier stock is Hold based on the current 1 sell rating, 6 hold ratings and 3 buy ratings for PINC. The average twelve-month price prediction for Premier is $27.50 with a high price target of $42.00 and a low price target of $21.00. Learn more on PINC's analyst rating history.
Do Wall Street analysts like Premier more than its competitors?: Analysts like Premier less than other Medical companies. The consensus rating for Premier is Hold while the average consensus rating for medical companies is Moderate Buy. Learn more on how PINC compares to other companies.
Does Premier's stock price have much upside?: According to analysts, Premier's stock has a predicted upside of 16.03% based on their 12-month stock forecasts.

What analysts cover Premier?: Premier has been rated by Benchmark, and JPMorgan Chase & Co. in the past 90 days.

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This page (NASDAQ:PINC) was last updated on 11/29/2023 by MarketBeat.com Staff

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