McKesson (MCK) Stock Forecast & Price Target

$564.52
+8.76 (+1.58%)
(As of 05/17/2024 ET)

McKesson Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$571.47
1.23% Upside
High Forecast$671.00
Average Forecast$571.47
Low Forecast$485.00
TypeCurrent Forecast
5/19/23 to 5/18/24
1 Month Ago
4/19/23 to 4/18/24
3 Months Ago
2/18/23 to 2/18/24
1 Year Ago
5/19/22 to 5/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$571.47$533.50$511.54$430.17
Predicted Upside1.23% Upside11.27% Upside11.63% Upside17.16% Upside
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MCK Analyst Ratings 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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MCK 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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McKesson Stock vs. The Competition

TypeMcKessonMedical CompaniesS&P 500
Consensus Rating Score
2.87
2.69
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside1.23% Upside847.27% Upside7.84% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$547.00 ➝ $545.00-1.45%
5/9/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$502.00 ➝ $551.00-0.41%
5/8/2024Barclays
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 Boost TargetOverweight ➝ Overweight$571.00 ➝ $596.00+10.28%
5/8/2024TD Cowen
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 Boost TargetBuy ➝ Buy$563.00 ➝ $652.00+19.74%
5/8/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$590.00 ➝ $600.00+9.85%
5/8/2024UBS Group
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 Boost TargetBuy ➝ Buy$620.00 ➝ $630.00+14.00%
5/8/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$603.00 ➝ $671.00+23.23%
4/30/2024Citigroup
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 Boost TargetBuy ➝ Buy$575.00 ➝ $620.00+15.60%
4/15/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$522.00 ➝ $548.00+4.21%
4/10/2024Argus
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 Boost TargetBuy ➝ Buy$510.00 ➝ $570.00+7.19%
2/26/2024Leerink Partnrs
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M. Cherny
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Reiterated RatingOutperform
2/26/2024SVB Leerink
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 Initiated CoverageOutperform$600.00+16.23%
2/9/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$450.00 ➝ $505.00+0.48%
11/17/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$495.00 ➝ $514.00+14.04%
8/11/2023Credit Suisse Group
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 Boost TargetOutperform ➝ Outperform$450.00 ➝ $485.00+11.71%
7/17/2023Bank of America
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 Boost Target$470.00 ➝ $485.00+18.44%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:38 PM ET.

MCK Price Target - Frequently Asked Questions

What is McKesson's consensus rating and price target?

According to the issued ratings of 15 analysts in the last year, the consensus rating for McKesson stock is Moderate Buy based on the current 2 hold ratings and 13 buy ratings for MCK. The average twelve-month price prediction for McKesson is $571.47 with a high price target of $671.00 and a low price target of $485.00. Learn more on MCK's analyst rating history.

Do Wall Street analysts like McKesson more than its competitors?

Analysts like McKesson more than other Medical companies. The consensus rating score for McKesson is 2.87 while the average consensus rating score for medical companies is 2.69. Learn more on how MCK compares to other companies.

Does McKesson's stock price have much upside?

According to analysts, McKesson's stock has a predicted upside of 9.94% based on their 12-month stock forecasts.

What analysts cover McKesson?

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This page (NYSE:MCK) was last updated on 5/18/2024 by MarketBeat.com Staff

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