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Ashland (ASH) Stock Forecast & Price Target

$94.94
-1.58 (-1.64%)
(As of 07/19/2024 ET)

Ashland - 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 8 Wall Street analysts who have issued ratings for Ashland in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a sell rating, 1 has given a hold rating, and 6 have given a buy rating for ASH.

Consensus Price Target

$107.88
13.62% Upside
High Forecast$126.00
Average Forecast$107.88
Low Forecast$90.00

According to the 8 analysts' twelve-month price targets for Ashland, the average price target is $107.88. The highest price target for ASH is $126.00, while the lowest price target for ASH is $90.00. The average price target represents a forecasted upside of 13.62% from the current price of $94.94.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 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$107.88$106.44$101.00$112.00
Forecasted Upside13.62% Upside15.94% Upside18.81% Upside16.37% Upside
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ASH 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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ASH 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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Ashland Stock vs. The Competition

TypeAshlandBasic Materials CompaniesS&P 500
Consensus Rating Score
2.63
2.63
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside13.62% Upside390.31% Upside10.04% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024BMO Capital Markets
3 of 5 stars
 Boost TargetMarket Perform ➝ Market Perform$97.00 ➝ $105.00+6.87%
5/2/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$88.00 ➝ $90.00-5.52%
5/1/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$114.00 ➝ $116.00+25.81%
5/1/2024Mizuho
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 Boost TargetBuy ➝ Buy$101.00 ➝ $110.00+15.47%
4/11/2024Wells Fargo & Company
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 UpgradeEqual Weight ➝ Overweight$100.00 ➝ $112.00+18.62%
3/14/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$100.00 ➝ $126.00+31.94%
3/1/2024Wolfe Research
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 Initiated CoverageOutperform$108.00+15.45%
11/13/2023Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$110.00 ➝ $96.00+31.89%
6/29/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$105.00 ➝ $95.00+10.12%
11/8/2022Credit Suisse Group
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 Boost TargetOutperform$120.00 ➝ $125.00+22.24%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:11 AM ET.

ASH Forecast - Frequently Asked Questions

What is Ashland's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Ashland is $107.88, with a high forecast of $126.00 and a low forecast of $90.00.

Should I buy or sell Ashland stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last year. There is currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ASH shares.

Does Ashland's stock price have much upside?

According to analysts, Ashland's stock has a predicted upside of 17.06% based on their 12-month stock forecasts.

What analysts cover Ashland?

Ashland has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., Mizuho, and UBS Group in the past 90 days.

Do Wall Street analysts like Ashland more than its competitors?

Analysts like Ashland less than other "basic materials" companies. The consensus rating score for Ashland is 2.63 while the average consensus rating score for "basic materials" companies is 2.63. Learn more on how ASH compares to other companies.


This page (NYSE:ASH) was last updated on 7/20/2024 by MarketBeat.com Staff

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