W.W. Grainger (GWW) Stock Forecast & Price Target

$970.34

+16.19 (+1.70%)

(As of 07/26/2024 ET)

W.W. Grainger - 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

Hold
Based on 11 Analyst Ratings

Based on 11 Wall Street analysts who have issued ratings for W.W. Grainger in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 1 has given a sell rating, 8 have given a hold rating, and 2 have given a buy rating for GWW.

Consensus Price Target

$959.44
-1.12% Downside

High Forecast	$1,250.00
Average Forecast	$959.44
Low Forecast	$653.00

According to the 11 analysts' twelve-month price targets for W.W. Grainger, the average price target is $959.44. The highest price target for GWW is $1,250.00, while the lowest price target for GWW is $653.00. The average price target represents a forecasted downside of -1.12% from the current price of $970.34.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	3 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$959.44	$959.44	$913.89	$721.50
Forecasted Upside	-1.12% Downside	4.96% Upside	1.31% Upside	8.65% Upside

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GWW 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.

GWW 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.

W.W. Grainger Stock vs. The Competition

Type	W.W. Grainger	Industrial Products Companies	S&P 500
Consensus Rating Score	2.09	2.54	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-1.12% Downside	36.84% Upside	9.09% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

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
6/14/2024	Erste Group Bank 3 of 5 stars		Reiterated Rating	Buy ➝ Hold
5/29/2024	Baird R W 0 of 5 stars	D. Manthey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/29/2024	Robert W. Baird 2 of 5 stars		Downgrade	Outperform ➝ Neutral	$1,000.00 ➝ $975.00	+3.82%
4/29/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$1,000.00 ➝ $975.00	+4.64%
4/29/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$1,000.00 ➝ $1,250.00	+34.52%
3/14/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$740.00 ➝ $1,000.00	-0.01%
Get the Latest News and Ratings for GWW and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for W.W. Grainger and its competitors with MarketBeat's FREE daily newsletter.
3/5/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$1,075.00 ➝ $1,125.00	+13.83%
2/6/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$800.00 ➝ $925.00	-1.14%
2/5/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$809.00 ➝ $907.00	-4.28%
12/20/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$825.00	-0.62%
7/28/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	$647.00 ➝ $653.00	-9.89%
11/15/2022	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$630.00	+7.69%
11/14/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:03 AM ET.

GWW Forecast - Frequently Asked Questions

What is W.W. Grainger's forecast for 2024?: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for W.W. Grainger is $959.44, with a high forecast of $1,250.00 and a low forecast of $653.00.
Should I buy or sell W.W. Grainger stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W.W. Grainger in the last year. There is currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWW, but not buy additional shares or sell existing shares.
Does W.W. Grainger's stock price have much upside?: According to analysts, W.W. Grainger's stock has a predicted upside of 4.96% based on their 12-month stock forecasts.
Has W.W. Grainger been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, W.W. Grainger's stock had 2 downgrades and 1 upgrade by analysts.
What analysts cover W.W. Grainger?: W.W. Grainger has been rated by research analysts at Baird R W, Erste Group Bank, Loop Capital, Robert W. Baird, and Stephens in the past 90 days.
Do Wall Street analysts like W.W. Grainger more than its competitors?: Analysts like W.W. Grainger less than other "industrial products" companies. The consensus rating for W.W. Grainger is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how GWW compares to other companies.