NASDAQ:GO - Grocery Outlet Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $43.50
Forecasted Upside: 32.78 %
Number of Analysts: 9
Breakdown:
0 Sell Ratings
5 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$32.76 As of 07/23/2021 01:00 AM ET

▼ -0.29 (-0.88%)

1 month | 3 months | 12 months

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Analyst Price Target for GO

^$43.50

▲ +32.78% Upside Potential

This price target is based on 9 analysts offering 12 month price targets for Grocery Outlet in the last 3 months. The average price target is $43.50, with a high forecast of $53.00 and a low forecast of $32.00. The average price target represents a 32.78% upside from the last price of $32.76.

Current Consensus is Hold

The current consensus among 9 investment analysts is to hold stock in Grocery Outlet. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
3 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

1/30/2020

0 strong buy ratings
3 buy ratings
8 hold ratings
0 sell ratings

Ratings as of

4/29/2020

0 strong buy ratings
5 buy ratings
7 hold ratings
0 sell ratings

Ratings as of

7/28/2020

0 strong buy ratings
7 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

10/26/2020

0 strong buy ratings
8 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

1/24/2021

0 strong buy ratings
8 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

4/24/2021

0 strong buy ratings
5 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

6/23/2021

0 strong buy ratings
4 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

7/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/4/2021	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$45.00 ➝ $32.00	Medium
5/18/2021	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Hold	$37.00	Low
5/18/2021	Craig Hallum	Reiterated Rating	Buy ➝ Hold	$50.00 ➝ $42.00	Low
5/12/2021	Morgan Stanley	Lower Price Target	Equal Weight	$40.00 ➝ $38.00	High
5/12/2021	Craig Hallum	Downgrade	Buy ➝ Hold	$50.00 ➝ $42.00	High
5/12/2021	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$43.00 ➝ $37.00	High
3/3/2021	Morgan Stanley	Lower Price Target	Equal Weight	$42.00 ➝ $40.00	High
11/18/2020	Berenberg Bank	Initiated Coverage	Buy		Low
11/11/2020	DA Davidson	Lower Price Target	Buy	$53.00 ➝ $50.00	High
11/11/2020	Morgan Stanley	Lower Price Target	Equal Weight	$43.00 ➝ $42.00	High
8/14/2020	DA Davidson	Initiated Coverage	Buy	$53.00	Low
8/12/2020	Morgan Stanley	Boost Price Target	Equal Weight	$41.00 ➝ $43.00	Low
8/11/2020	Telsey Advisory Group	Boost Price Target	Outperform	$50.00 ➝ $53.00	Low
8/11/2020	UBS Group	Boost Price Target	Neutral	$40.00 ➝ $46.00	High
8/5/2020	Telsey Advisory Group	Boost Price Target	Outperform	$45.00 ➝ $50.00	Low
8/4/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$43.00 ➝ $47.00	High
7/29/2020	MKM Partners	Initiated Coverage	Buy	$50.00	Low
7/21/2020	The Goldman Sachs Group	Boost Price Target	Buy	$43.00 ➝ $47.00	Medium
6/18/2020	Cowen	Reiterated Rating	Buy	$48.00	Low
6/16/2020	Nomura	Initiated Coverage	Buy	$40.00	High
6/16/2020	Nomura Instinet	Initiated Coverage	Buy	$40.00	Medium
5/15/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$43.00	Low
5/12/2020	UBS Group	Boost Price Target	Neutral	$37.00 ➝ $40.00	Medium
5/12/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$42.00 ➝ $43.00	High
5/12/2020	Morgan Stanley	Boost Price Target	Equal Weight	$38.00 ➝ $41.00	High
4/28/2020	UBS Group	Boost Price Target	Neutral	$35.00 ➝ $37.00	Medium
3/25/2020	Morgan Stanley	Boost Price Target	Equal Weight	$35.00 ➝ $38.00	Low
3/25/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$43.00 ➝ $42.00	Medium
3/17/2020	Telsey Advisory Group	Reiterated Rating	Outperform		High
3/17/2020	Morgan Stanley	Lower Price Target	Equal Weight	$36.00 ➝ $35.00	High
2/18/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$45.00 ➝ $43.00	Medium
2/12/2020	Morgan Stanley	Lower Price Target	Equal Weight	$39.00 ➝ $36.00	High
1/29/2020	Craig Hallum	Initiated Coverage	Buy	$47.00	Low
10/8/2019	Jefferies Financial Group	Set Price Target	Buy	$51.00	Low
8/15/2019	Barclays	Reiterated Rating	Hold	$37.00	High
8/14/2019	Jefferies Financial Group	Boost Price Target	Buy	$41.00 ➝ $50.00	High
8/14/2019	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$40.00 ➝ $43.00	High
8/14/2019	Bank of America	Boost Price Target	Neutral ➝ Neutral	$37.00 ➝ $40.00	High
8/14/2019	Cowen	Reiterated Rating	Outperform	$42.00 ➝ $48.00	High
7/16/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy ➝ Buy	$40.00	High
7/15/2019	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$30.00	High
7/15/2019	Guggenheim	Initiated Coverage	Neutral ➝ Neutral		High
7/15/2019	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy	$41.00	High
7/15/2019	Barclays	Initiated Coverage	Equal Weight ➝ Equal Weight	$32.00	High
7/15/2019	Cowen	Initiated Coverage	Outperform ➝ Outperform	$42.00	High
7/15/2019	Bank of America	Initiated Coverage	Neutral ➝ Neutral	$37.00	High
7/15/2019	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$32.00	High
7/15/2019	Telsey Advisory Group	Initiated Coverage	Outperform ➝ Outperform	$40.00	High

(Data available from 7/23/2016 forward)

Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of January 2, 2021, it had 380 stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 1946 and is headquartered in Emeryville, California.

Today's Range

Now: $32.76

$32.23

$33.33

50 Day Range

MA: $34.44

$32.76

$36.17

52 Week Range

Now: $32.76

$32.23

$48.87

Volume

1,802,364 shs

Average Volume

927,304 shs

Market Capitalization

$3.14 billion

P/E Ratio

28.74

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Grocery Outlet?

The following Wall Street sell-side analysts have issued reports on Grocery Outlet in the last twelve months: Berenberg Bank, Craig Hallum, DA Davidson, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., MKM Partners, Morgan Stanley, Telsey Advisory Group, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for GO.

What is the current price target for Grocery Outlet?

8 Wall Street analysts have set twelve-month price targets for Grocery Outlet in the last year. Their average twelve-month price target is $43.50, suggesting a possible upside of 32.8%. Telsey Advisory Group has the highest price target set, predicting GO will reach $53.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $32.00 for Grocery Outlet in the next year.
View the latest price targets for GO.

What is the current consensus analyst rating for Grocery Outlet?

Grocery Outlet currently has 5 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GO, but not buy more shares or sell existing shares.
View the latest ratings for GO.

What other companies compete with Grocery Outlet?

Other companies that are similar to Grocery Outlet include Empire, Albertsons Companies, Wm Morrison Supermarkets, J Sainsbury, Dairy Farm International, Sendas Distribuidora, Sprouts Farmers Market, Greggs, Companhia Brasileira de Distribuição, The North West, Weis Markets, Ingles Markets, Arko, Village Super Market and Natural Grocers by Vitamin Cottage.

How do I contact Grocery Outlet's investor relations team?

Grocery Outlet's physical mailing address is 5650 HOLLIS STREET, EMERYVILLE CA, 94608. The company's listed phone number is 510 845 1999 and its investor relations email address is [email protected] The official website for Grocery Outlet is www.groceryoutlet.com.