Terex (TEX) Stock Forecast & Price Target

$61.00
+0.27 (+0.44%)
(As of 04/23/2024 ET)

Terex 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

Hold
Based on 12 Analyst Ratings

Analysts' Consensus Price Target

$65.08
6.68% Upside
High Forecast$80.00
Average Forecast$65.08
Low Forecast$57.00
TypeCurrent Forecast
4/25/23 to 4/24/24
1 Month Ago
3/26/23 to 3/25/24
3 Months Ago
1/25/23 to 1/25/24
1 Year Ago
4/25/22 to 4/25/23
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
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
8 Hold rating(s)
9 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$65.08$64.21$61.93$54.45
Predicted Upside6.68% Upside12.99% Upside13.64% Upside8.02% Upside
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TEX 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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TEX 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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Terex Stock vs. The Competition

TypeTerexIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.17
2.53
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside6.68% Upside42.58% Upside10.13% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/18/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral$63.00+6.65%
3/14/2024Truist Financial
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 Initiated CoverageBuy$73.00+26.06%
2/20/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$65.00 ➝ $63.00+16.17%
2/13/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$52.00 ➝ $59.00+5.98%
2/13/2024UBS Group
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 DowngradeBuy ➝ Neutral$61.00 ➝ $62.00+4.75%
2/12/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$54.00 ➝ $63.00+6.42%
1/19/2024Bank of America
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 Reiterated RatingNeutral ➝ Underperform$57.00+0.69%
12/20/2023Jefferies Financial Group
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 DowngradeBuy ➝ Hold$73.00 ➝ $63.00+6.53%
10/18/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$66.00 ➝ $60.00+19.31%
8/3/2023KeyCorp
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 Boost TargetOverweight ➝ Overweight$72.00 ➝ $80.00+25.51%
8/3/2023Wells Fargo & Company
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 Boost Target$66.00 ➝ $74.00+16.10%
8/2/2023Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$57.00 ➝ $65.00+1.98%
7/6/2023Raymond James
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 Initiated CoverageMarket Perform
5/3/202358.com
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 Reiterated RatingMaintains
5/3/2023Stifel Nicolaus
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 Boost Target$62.00 ➝ $64.00+28.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:27 AM ET.

TEX Price Target - Frequently Asked Questions

What is Terex's consensus rating and price target?

According to the issued ratings of 12 analysts in the last year, the consensus rating for Terex stock is Hold based on the current 1 sell rating, 8 hold ratings and 3 buy ratings for TEX. The average twelve-month price prediction for Terex is $65.08 with a high price target of $80.00 and a low price target of $57.00. Learn more on TEX's analyst rating history.

Do Wall Street analysts like Terex more than its competitors?

Analysts like Terex less than other Industrial Products companies. The consensus rating for Terex is Hold while the average consensus rating for industrial products companies is Moderate Buy. Learn more on how TEX compares to other companies.

Is Terex being downgraded by Wall Street analysts?

Over the previous 90 days, Terex's stock had 2 downgrades by analysts.

Does Terex's stock price have much upside?

According to analysts, Terex's stock has a predicted upside of 12.28% based on their 12-month stock forecasts.

What analysts cover Terex?

Terex has been rated by Citigroup, Evercore ISI, JPMorgan Chase & Co., The Goldman Sachs Group, Truist Financial, and UBS Group in the past 90 days.


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This page (NYSE:TEX) was last updated on 4/24/2024 by MarketBeat.com Staff

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