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World Kinect (WKC) Stock Forecast & Price Target

$26.85
-0.10 (-0.37%)
(As of 07/26/2024 ET)

World Kinect - 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 5 Wall Street analysts who have issued ratings for World Kinect in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 1 has given a sell rating, 2 have given a hold rating, and 2 have given a buy rating for WKC.

Consensus Price Target

$28.00
4.28% Upside
High Forecast$33.00
Average Forecast$28.00
Low Forecast$24.00

According to the 5 analysts' twelve-month price targets for World Kinect, the average price target is $28.00. The highest price target for WKC is $33.00, while the lowest price target for WKC is $24.00. The average price target represents a forecasted upside of 4.28% from the current price of $26.85.

TypeCurrent Forecast
7/28/23 to 7/27/24
1 Month Ago
6/28/23 to 6/27/24
3 Months Ago
4/29/23 to 4/28/24
1 Year Ago
7/28/22 to 7/28/23
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
2 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$28.00$26.75$26.75$26.00
Forecasted Upside4.28% Upside11.38% Upside11.38% Upside19.68% Upside
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WKC 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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WKC 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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World Kinect Stock vs. The Competition

TypeWorld KinectOils/Energy CompaniesS&P 500
Consensus Rating Score
2.20
2.56
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside4.28% Upside230.55% Upside9.10% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/26/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetBuy ➝ Buy$35.00 ➝ $33.00+27.66%
4/3/2024Raymond James
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$30.00 ➝ $32.00+21.77%
3/14/2024Bank of America
4 of 5 stars
 Boost TargetUnderperform ➝ Underperform$23.00 ➝ $26.00+2.44%
2/21/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$25.00+4.12%
11/6/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageEqual Weight$24.00+17.65%
6/26/20233M
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingDowngrade

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:11 AM ET.

WKC Forecast - Frequently Asked Questions

What is World Kinect's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for World Kinect is $28.00, with a high forecast of $33.00 and a low forecast of $24.00.

Should I buy or sell World Kinect stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for World Kinect in the last year. There is currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WKC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WKC, but not buy additional shares or sell existing shares.

Does World Kinect's stock price have much upside?

According to analysts, World Kinect's stock has a predicted upside of 14.83% based on their 12-month stock forecasts.

What analysts cover World Kinect?

World Kinect has been rated by research analysts at Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like World Kinect more than its competitors?

Analysts like World Kinect less than other "oils/energy" companies. The consensus rating for World Kinect is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how WKC compares to other companies.


This page (NYSE:WKC) was last updated on 7/27/2024 by MarketBeat.com Staff

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