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Lowe's Companies (LOW) Stock Forecast & Price Target

$234.08
+4.33 (+1.88%)
(As of 07/12/2024 08:52 PM ET)

Lowe's Companies - 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

Consensus Price Target

$250.04
6.82% Upside
High Forecast$289.00
Average Forecast$250.04
Low Forecast$210.00
TypeCurrent Forecast
7/16/23 to 7/15/24
1 Month Ago
6/16/23 to 6/15/24
3 Months Ago
4/17/23 to 4/16/24
1 Year Ago
7/16/22 to 7/16/23
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
12 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
Hold
14 Hold rating(s)
14 Hold rating(s)
14 Hold rating(s)
12 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$250.04$251.33$252.52$224.58
Forecasted Upside6.82% Upside9.78% Upside8.57% Upside10.05% Upside
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LOW 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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LOW 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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Lowe's Companies Stock vs. The Competition

TypeLowe's CompaniesRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.46
2.46
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside6.82% Upside53.52% Upside9.20% Upside
News Sentiment RatingVery Positive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/2/2024Evercore ISI
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 Lower TargetIn-Line ➝ In-Line$250.00 ➝ $225.00+5.88%
5/22/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$246.00+10.07%
5/22/2024DA Davidson
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M. Baker
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Lower TargetNeutral ➝ Neutral$270.00 ➝ $240.00+7.38%
5/22/2024Wedbush
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 Reiterated RatingNeutral ➝ Neutral$250.00+11.86%
5/22/2024Truist Financial
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 Lower TargetBuy ➝ Buy$271.00 ➝ $265.00+17.87%
5/21/2024Telsey Advisory Group
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 Reiterated RatingMarket Perform ➝ Market Perform$230.00 ➝ $230.00+0.29%
5/13/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$225.00 ➝ $250.00+7.76%
5/7/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$243.00 ➝ $240.00+3.42%
4/3/2024Gordon Haskett
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 Reiterated RatingAccumulate ➝ Hold$245.00+0.22%
4/2/2024Zelman & Associates
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 Reiterated RatingOutperform ➝ Neutral$265.00+8.41%
3/19/2024Mizuho
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 Initiated CoverageBuy$280.00+15.00%
3/4/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform$230.00-5.91%
2/28/2024UBS Group
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 Boost TargetBuy ➝ Buy$250.00 ➝ $270.00+13.39%
2/28/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$240.00 ➝ $250.00+4.53%
2/28/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$265.00 ➝ $268.00+12.52%
2/14/2024Robert W. Baird
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 UpgradeAverage ➝ Outperform$250.00+10.40%
2/13/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$235.00 ➝ $250.00+10.41%
2/13/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$238.00 ➝ $262.00+15.48%
1/16/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$218.00 ➝ $245.00+12.46%
1/4/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$203.00 ➝ $229.00+7.92%
10/12/2023Loop Capital
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 Lower Target$225.00 ➝ $210.00+3.29%
9/22/2023HSBC
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 Initiated CoverageHold$250.00+18.70%
9/5/2023Sanford C. Bernstein
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 UpgradeMarket Perform ➝ Outperform$252.00 ➝ $282.00+21.29%
8/23/2023TD Cowen
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 Boost TargetMarket Perform ➝ Market Perform$225.00 ➝ $230.00+1.56%
8/23/2023Bank of America
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 Boost TargetBuy ➝ Buy$278.00 ➝ $289.00+28.02%
8/23/2023Guggenheim
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 Boost TargetBuy ➝ Buy$240.00 ➝ $250.00+10.75%
7/12/2023Argus
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 Boost Target$250.00 ➝ $260.00+12.31%
5/17/2023888
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 Reiterated RatingMaintains
3/1/2023Roth Capital
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D. Bellinger
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Reiterated RatingNeutral
12/19/2022Credit Suisse Group
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 Initiated CoverageNeutral$210.00+3.36%
11/9/2022MKM Partners
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David Bellinger
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Lower Target$220.00 ➝ $205.00+7.39%
10/19/2022Exane BNP Paribas
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 DowngradeNeutral ➝ Underperform$159.00-14.23%
10/19/2022Cowen
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 Initiated CoverageMarket Perform$210.00+8.70%
10/3/2022Jefferies Financial Group
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 Boost TargetBuy$255.00 ➝ $259.00+37.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:05 AM ET.

LOW Forecast - Frequently Asked Questions

What is Lowe's Companies' forecast for 2024?

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Lowe's Companies is $250.04, with a high forecast of $289.00 and a low forecast of $210.00.

Should I buy or sell Lowe's Companies stock right now?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 14 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOW, but not buy additional shares or sell existing shares.

Does Lowe's Companies's stock price have much upside?

According to analysts, Lowe's Companies's stock has a predicted upside of 9.46% based on their 12-month stock forecasts.

What analysts cover Lowe's Companies?

Lowe's Companies has been rated by research analysts at Citigroup, DA Davidson, Evercore ISI, Royal Bank of Canada, Stifel Nicolaus, Telsey Advisory Group, Truist Financial, and Wedbush in the past 90 days.

Do Wall Street analysts like Lowe's Companies more than its competitors?

Analysts like Lowe's Companies less than other "retail/wholesale" companies. The consensus rating score for Lowe's Companies is 2.46 while the average consensus rating score for "retail/wholesale" companies is 2.46. Learn more on how LOW compares to other companies.


This page (NYSE:LOW) was last updated on 7/15/2024 by MarketBeat.com Staff

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