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Amer Sports (AS) Stock Forecast & Price Target

$10.84
-0.03 (-0.28%)
(As of 07/24/2024 ET)

Amer Sports - 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

Based on 14 Wall Street analysts who have issued ratings for Amer Sports in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 3 have given a hold rating, and 11 have given a buy rating for AS.

Consensus Price Target

$18.79
73.30% Upside
High Forecast$23.00
Average Forecast$18.79
Low Forecast$15.00

According to the 14 analysts' twelve-month price targets for Amer Sports, the average price target is $18.79. The highest price target for AS is $23.00, while the lowest price target for AS is $15.00. The average price target represents a forecasted upside of 73.30% from the current price of $10.84.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
11 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
N/A
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$18.79$18.79$18.86N/A
Forecasted Upside73.30% Upside21.61% Upside21.75% UpsideN/A
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AS 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.
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AS 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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Amer Sports Stock vs. The Competition

TypeAmer SportsConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.79
2.55
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside71.09% Upside4,192.51% Upside9.74% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$16.00 ➝ $15.00+0.20%
4/25/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$19.00 ➝ $17.00+18.22%
4/8/2024Sanford C. Bernstein
3 of 5 stars
 Reiterated RatingOutperform ➝ Market Perform$18.50 ➝ $16.00+4.30%
3/6/2024Bank of America
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 Boost TargetBuy ➝ Buy$18.00 ➝ $19.00+26.08%
2/26/2024BNP Paribas
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 Initiated CoverageOutperform$19.00+18.23%
2/26/2024TD Cowen
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 Initiated CoverageOutperform$18.00+11.66%
2/26/2024HSBC
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 Initiated CoverageHold$16.00+2.96%
2/26/2024The Goldman Sachs Group
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 Initiated CoverageBuy$21.00+35.14%
2/26/2024JPMorgan Chase & Co.
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 Initiated CoverageOverweight$19.00+22.27%
2/26/2024Robert W. Baird
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 Initiated CoverageOutperform$20.00+28.70%
2/26/2024UBS Group
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 Initiated CoverageBuy$23.00+48.01%
2/26/2024Citigroup
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 Initiated CoverageBuy$19.00+22.27%
2/26/2024Evercore ISI
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 Initiated CoverageOutperform$21.00+35.14%
2/26/2024Deutsche Bank Aktiengesellschaft
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 Initiated CoverageBuy$20.00+28.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:19 AM ET.

AS Forecast - Frequently Asked Questions

What is Amer Sports' forecast for 2024?

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Amer Sports is $18.79, with a high forecast of $23.00 and a low forecast of $15.00.

Should I buy or sell Amer Sports stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amer Sports in the last twelve months. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AS shares.

Does Amer Sports's stock price have much upside?

According to analysts, Amer Sports's stock has a predicted upside of 21.61% based on their 12-month stock forecasts.

What analysts cover Amer Sports?

Amer Sports has been rated by research analysts at Morgan Stanley, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Amer Sports more than its competitors?

Analysts like Amer Sports more than other "consumer discretionary" companies. The consensus rating score for Amer Sports is 2.79 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how AS compares to other companies.


This page (NYSE:AS) was last updated on 7/24/2024 by MarketBeat.com Staff

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