Tractor Supply (TSCO) Stock Forecast & Price Target

$210.07

+7.06 (+3.48%)

(As of 12/1/2023 08:55 PM ET)

Today's Range: $203.03
▼
$210.24
50-Day Range: $187.81
▼
$210.07
52-Week Range: $185.00
▼
$251.17

Volume: 1.34 million shs
Average Volume: 1.17 million shs
Market Capitalization: $22.71 billion

P/E Ratio: 20.51
Dividend Yield: 1.96%
Price Target: $234.42

Tractor Supply 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 27 Analyst Ratings

Analysts' Consensus Price Target

$234.42
11.59% Upside

High Forecast	$280.00
Average Forecast	$234.42
Low Forecast	$195.00

Type	Current Forecast 12/4/22 to 12/4/23	1 Month Ago 11/4/22 to 11/4/23	3 Months Ago 9/5/22 to 9/5/23	1 Year Ago 12/4/21 to 12/4/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	13 Buy rating(s)	11 Buy rating(s)
Hold	10 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$234.42	$234.42	$247.35	$233.94
Predicted Upside	11.59% Upside	10.97% Upside	10.85% Upside	16.52% Upside

Get Tractor Supply Upgrade and Downgrade Alerts

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

TSCO 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.

TSCO 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.

Tractor Supply Stock vs. The Competition

Type	Tractor Supply	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.67	2.44	2.49
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	11.59% Upside	195.66% Upside	2,853.20% 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	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$207.00 ➝ $195.00	+2.33%
10/27/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$235.00 ➝ $210.00	+10.24%
10/27/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$210.00 ➝ $195.00	+3.22%
10/27/2023	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$245.00 ➝ $230.00	+21.83%
10/23/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$224.00 ➝ $212.00	+7.29%
10/18/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$218.00 ➝ $208.00	+0.75%
Get the Latest News and Ratings for TSCO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Tractor Supply and its competitors with MarketBeat's FREE daily newsletter.
10/17/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$255.00 ➝ $225.00	+8.13%
10/13/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$280.00 ➝ $210.00	+6.73%
10/10/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Strong-Buy ➝ Strong-Buy	$255.00 ➝ $235.00	+15.25%
9/29/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$239.00	+17.49%
9/28/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Baker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$250.00 ➝ $280.00	+37.92%
9/27/2023	Gordon Haskett Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Accumulate	$215.00	+5.90%
9/8/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$230.00 ➝ $235.00	+8.17%
7/28/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$240.00 ➝ $230.00	+2.95%
7/28/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$262.00 ➝ $256.00	+14.59%
7/28/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$247.00 ➝ $230.00	+2.87%
7/25/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$270.00 ➝ $226.00	+5.28%
7/24/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$256.00	+19.32%
7/18/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$265.00 ➝ $260.00	+23.33%
6/29/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$265.00 ➝ $245.00	+13.22%
2/28/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$225.00 ➝ $260.00	+10.91%
2/16/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$245.00	+2.25%
2/1/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
1/19/2023	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	David Bellinger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$230.00 ➝ $255.00	+20.14%
1/12/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
12/19/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$260.00	+22.95%
12/12/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$213.00 ➝ $238.00	+10.53%

(Data available from 12/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

TSCO Price Target - Frequently Asked Questions

What is Tractor Supply's consensus rating and price target?: According to the issued ratings of 27 analysts in the last year, the consensus rating for Tractor Supply stock is Moderate Buy based on the current 10 hold ratings, 16 buy ratings and 1 strong buy rating for TSCO. The average twelve-month price prediction for Tractor Supply is $234.42 with a high price target of $280.00 and a low price target of $195.00. Learn more on TSCO's analyst rating history.
Do Wall Street analysts like Tractor Supply more than its competitors?: Analysts like Tractor Supply more than other Retail/Wholesale companies. The consensus rating for Tractor Supply is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how TSCO compares to other companies.
Is Tractor Supply being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Tractor Supply's stock had 3 downgrades and 1 upgrade by analysts.

Does Tractor Supply's stock price have much upside?: According to analysts, Tractor Supply's stock has a predicted upside of 10.97% based on their 12-month stock forecasts.
What analysts cover Tractor Supply?: Tractor Supply has been rated by Barclays, Citigroup, DA Davidson, Evercore ISI, Gordon Haskett, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, Raymond James, Telsey Advisory Group, Truist Financial, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NASDAQ:TSCO) was last updated on 12/4/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial