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Tapestry (TPR) Stock Forecast & Price Target

$39.84
-1.32 (-3.21%)
(As of 07/24/2024 ET)

Tapestry - 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 17 Wall Street analysts who have issued ratings for Tapestry in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 6 have given a hold rating, and 11 have given a buy rating for TPR.

Consensus Price Target

$48.06
20.63% Upside
High Forecast$60.00
Average Forecast$48.06
Low Forecast$33.00

According to the 17 analysts' twelve-month price targets for Tapestry, the average price target is $48.06. The highest price target for TPR is $60.00, while the lowest price target for TPR is $33.00. The average price target represents a forecasted upside of 20.63% from the current price of $39.84.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
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
11 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$48.06$48.53$47.81$49.14
Forecasted Upside20.63% Upside28.00% Upside28.53% Upside17.04% Upside
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TPR 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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TPR 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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Tapestry Stock vs. The Competition

TypeTapestryRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.65
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside20.66% Upside60.66% Upside10.36% Upside
News Sentiment RatingPositive News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/24/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$55.00 ➝ $52.00+26.92%
6/18/2024Argus
2 of 5 stars
K. Ruggeri
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Reiterated RatingBuy ➝ Buy$52.00 ➝ $52.00+25.09%
5/10/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$56.00 ➝ $54.00+35.00%
5/10/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$52.00 ➝ $50.00+23.85%
5/9/2024Telsey Advisory Group
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 Reiterated RatingOutperform ➝ Outperform$54.00 ➝ $54.00+38.67%
5/9/2024Bernstein Bank
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 Boost Target$46.00 ➝ $48.00+23.93%
4/17/2024OTR Global
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 Reiterated RatingPositive ➝ Mixed
2/29/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$50.00+4.78%
2/9/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$41.00 ➝ $47.00+13.20%
2/5/2024Evercore ISI
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 UpgradeIn-Line ➝ Outperform$30.00 ➝ $50.00+24.97%
1/30/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$40.00 ➝ $44.00+11.62%
12/12/2023Morgan Stanley
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 Reiterated RatingEqual Weight$38.00+12.36%
11/10/2023BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$43.00 ➝ $39.00+39.39%
9/13/2023Redburn Atlantic
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 DowngradeOverweight ➝ Neutral$33.00+4.76%
9/7/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$44.00 ➝ $39.00+19.63%
8/23/2023Guggenheim
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 Reiterated RatingBuy ➝ Buy$60.00+80.29%
8/18/2023Citigroup
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 Lower TargetBuy ➝ Buy$50.00 ➝ $48.00+38.25%
8/11/2023Edward Jones
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 DowngradeBuy ➝ Hold
8/1/2023Barclays
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 UpgradeEqual Weight ➝ Overweight$47.00 ➝ $59.00+36.73%
5/15/2023Sanford C. Bernstein
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 UpgradeMarket Perform ➝ Outperform$50.00 ➝ $55.00+33.56%
2/10/2023Credit Suisse Group
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 Boost TargetOutperform$45.00 ➝ $55.00+23.01%
8/19/2022Cowen
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 Boost TargetOutperform$40.00 ➝ $46.00+22.44%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:44 PM ET.

TPR Forecast - Frequently Asked Questions

What is Tapestry's forecast for 2024?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Tapestry is $48.06, with a high forecast of $60.00 and a low forecast of $33.00.

Should I buy or sell Tapestry stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TPR shares.

Does Tapestry's stock price have much upside?

According to analysts, Tapestry's stock has a predicted upside of 26.48% based on their 12-month stock forecasts.

What analysts cover Tapestry?

Tapestry has been rated by research analysts at Argus, Bernstein Bank, JPMorgan Chase & Co., Robert W. Baird, Telsey Advisory Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Tapestry more than its competitors?

Analysts like Tapestry more than other "retail/wholesale" companies. The consensus rating for Tapestry is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how TPR compares to other companies.


This page (NYSE:TPR) was last updated on 7/24/2024 by MarketBeat.com Staff

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