NYSE:BID - Sothebys Price Target & Analyst Ratings

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.

4 Wall Street analysts have issued ratings and price targets for Sothebys in the last 12 months. Their average twelve-month price target is $50.3333, suggesting that the stock has a possible downside of 13.90%. The high price target for BID is $57.00 and the low price target for BID is $44.00. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."

Sothebys (NYSE:BID) Consensus Price Target History

Sothebys (NYSE:BID) Analyst Ratings History

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/19/2019	Berenberg Bank	Reiterated Rating	Hold	$57.00	Low
2/28/2019	Susquehanna Bancshares	Reiterated Rating	Hold		Medium
1/24/2019	Cowen	Downgrade	Outperform ➝ Market Perform	$50.00 ➝ $44.00	High
11/27/2018	Sidoti	Upgrade	Neutral ➝ Buy	$50.00	Medium
10/30/2017	Aegis	Initiated Coverage	Buy	$60.00	N/A
10/4/2017	Consumer Edge	Upgrade	Neutral ➝ Overweight		N/A

(Data available from 7/17/2017 forward)