Free Trial

SiteOne Landscape Supply (SITE) Stock Forecast & Price Target

$143.02
+9.11 (+6.80%)
(As of 03:45 PM ET)

SiteOne Landscape Supply - 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 9 Wall Street analysts who have issued ratings for SiteOne Landscape Supply in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 2 have given a sell rating, 3 have given a hold rating, and 4 have given a buy rating for SITE.

Consensus Price Target

$147.11
2.86% Upside
High Forecast$185.00
Average Forecast$147.11
Low Forecast$114.00

According to the 9 analysts' twelve-month price targets for SiteOne Landscape Supply, the average price target is $147.11. The highest price target for SITE is $185.00, while the lowest price target for SITE is $114.00. The average price target represents a forecasted upside of 2.86% from the current price of $143.02.

TypeCurrent Forecast
7/17/23 to 7/16/24
1 Month Ago
6/17/23 to 6/16/24
3 Months Ago
4/18/23 to 4/17/24
1 Year Ago
7/17/22 to 7/17/23
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
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
6 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$147.11$153.63$172.88$157.30
Forecasted Upside2.86% Upside7.99% Upside6.32% Upside5.89% Upside
Get SiteOne Landscape Supply Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SITE and its competitors with MarketBeat's FREE daily newsletter.

SITE 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.
Skip Chart & View Analyst Rating History

SITE 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

SiteOne Landscape Supply Stock vs. The Competition

TypeSiteOne Landscape SupplyIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.22
2.54
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside5.15% Upside35.98% Upside8.29% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/12/2024Barclays
2 of 5 stars
 Lower TargetUnderweight ➝ Underweight$129.00 ➝ $114.00-13.68%
7/11/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetHold ➝ Hold$160.00 ➝ $125.00-1.23%
7/9/2024UBS Group
3 of 5 stars
 Lower TargetBuy ➝ Buy$190.00 ➝ $185.00+59.98%
6/13/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold ➝ Hold$155.00 ➝ $140.00+5.83%
6/10/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$165.00 ➝ $150.00+17.06%
6/6/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$175.00 ➝ $158.00+17.95%
6/5/2024Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$185.00 ➝ $175.00+28.24%
2/15/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector Perform ➝ Sector Perform$150.00 ➝ $157.00-6.03%
12/8/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold ➝ Sell$123.00 ➝ $120.00-18.38%
2/16/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold$127.00 ➝ $157.00+3.13%

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

SITE Forecast - Frequently Asked Questions

What is SiteOne Landscape Supply's forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for SiteOne Landscape Supply is $147.11, with a high forecast of $185.00 and a low forecast of $114.00.

Should I buy or sell SiteOne Landscape Supply stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SiteOne Landscape Supply in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SITE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SITE, but not buy additional shares or sell existing shares.

Does SiteOne Landscape Supply's stock price have much upside?

According to analysts, SiteOne Landscape Supply's stock has a predicted upside of 8.59% based on their 12-month stock forecasts.

Has SiteOne Landscape Supply been upgraded by Wall Street analysts recently?

Over the previous 90 days, SiteOne Landscape Supply's stock had 1 upgrade by analysts.

What analysts cover SiteOne Landscape Supply?

SiteOne Landscape Supply has been rated by research analysts at Barclays, Jefferies Financial Group, Loop Capital, Robert W. Baird, Stifel Nicolaus, Truist Financial, and UBS Group in the past 90 days.

Do Wall Street analysts like SiteOne Landscape Supply more than its competitors?

Analysts like SiteOne Landscape Supply less than other "industrial products" companies. The consensus rating for SiteOne Landscape Supply is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how SITE compares to other companies.


This page (NYSE:SITE) was last updated on 7/16/2024 by MarketBeat.com Staff

From Our Partners