NASDAQ:GO - Grocery Outlet Stock Price Target and Predictions

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

Consensus Rating: Buy
Consensus Price Target: $44.64
Forecasted Upside: 28.45 %
Number of Analysts: 12
Breakdown:
0 Sell Ratings
4 Hold Ratings
8 Buy Ratings
0 Strong Buy Ratings

^$34.75 As of 05/14/2021 01:00 AM ET

▲ +0.04 (0.12%)

1 month | 3 months | 12 months

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Analyst Price Target for GO

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$44.64

▲ +28.45% Upside Potential

This price target is based on 12 analysts offering 12 month price targets for Grocery Outlet in the last 3 months. The average price target is $44.64, with a high forecast of $53.00 and a low forecast of $37.00. The average price target represents a 28.45% upside from the last price of $34.75.

Buy

The current consensus among 12 contributing investment analysts is to buy stock in Grocery Outlet. This rating has held steady since June 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

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

Ratings as of

11/22/2019

0 strong buy ratings
4 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

2/20/2020

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

Ratings as of

5/20/2020

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

Ratings as of

8/18/2020

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

Ratings as of

11/16/2020

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

Ratings as of

2/14/2021

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

Ratings as of

4/15/2021

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

Ratings as of

5/15/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
5/12/2021	Morgan Stanley	Lower Price Target	Equal Weight	$40.00 ➝ $38.00	High	i
5/12/2021	Craig Hallum	Downgrade	Buy ➝ Hold	$50.00 ➝ $42.00	High	i
5/12/2021	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$43.00 ➝ $37.00	High	i
3/9/2021	Morgan Stanley	Lower Price Target	Equal Weight	$42.00 ➝ $40.00	Low	i
3/3/2021	Morgan Stanley	Lower Price Target	Equal Weight	$42.00 ➝ $40.00	High	i
11/18/2020	Berenberg Bank	Initiated Coverage	Buy		Low	i
11/11/2020	DA Davidson	Lower Price Target	Buy	$53.00 ➝ $50.00	High	i Rating by M. Baker at DA Davidson
11/11/2020	Morgan Stanley	Lower Price Target	Equal Weight	$43.00 ➝ $42.00	High	i
8/14/2020	DA Davidson	Initiated Coverage	Buy	$53.00	Low	i Rating by M. Baker at DA Davidson
8/12/2020	Morgan Stanley	Boost Price Target	Equal Weight	$41.00 ➝ $43.00	Low	i
8/11/2020	Telsey Advisory Group	Boost Price Target	Outperform	$50.00 ➝ $53.00	Low	i Rating by J. Feldman at Telsey Advisory Group
8/11/2020	UBS Group	Boost Price Target	Neutral	$40.00 ➝ $46.00	High	i
8/5/2020	Telsey Advisory Group	Boost Price Target	Outperform	$45.00 ➝ $50.00	Low	i Rating by J. Feldman at Telsey Advisory Group
8/4/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$43.00 ➝ $47.00	High	i
7/29/2020	MKM Partners	Initiated Coverage	Buy	$50.00	Low	i Rating by William Kirk at MKM Partners
7/21/2020	The Goldman Sachs Group	Boost Price Target	Buy	$43.00 ➝ $47.00	Medium	i
6/18/2020	Cowen	Reiterated Rating	Buy	$48.00	Low	i Rating by Oliver Chen at Cowen Inc
6/16/2020	Nomura	Initiated Coverage	Buy	$40.00	High	i
6/16/2020	Nomura Instinet	Initiated Coverage	Buy	$40.00	Medium	i
5/15/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$43.00	Low	i
5/12/2020	UBS Group	Boost Price Target	Neutral	$37.00 ➝ $40.00	Medium	i
5/12/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$42.00 ➝ $43.00	High	i
5/12/2020	Morgan Stanley	Boost Price Target	Equal Weight	$38.00 ➝ $41.00	High	i
4/28/2020	UBS Group	Boost Price Target	Neutral	$35.00 ➝ $37.00	Medium	i
3/25/2020	Morgan Stanley	Boost Price Target	Equal Weight	$35.00 ➝ $38.00	Low	i
3/25/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$43.00 ➝ $42.00	Medium	i
3/17/2020	Telsey Advisory Group	Reiterated Rating	Outperform		High	i Rating by J. Feldman at Telsey Advisory Group
3/17/2020	Morgan Stanley	Lower Price Target	Equal Weight	$36.00 ➝ $35.00	High	i
2/18/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$45.00 ➝ $43.00	Medium	i
2/12/2020	Morgan Stanley	Lower Price Target	Equal Weight	$39.00 ➝ $36.00	High	i
1/29/2020	Craig Hallum	Initiated Coverage	Buy	$47.00	Low	i
10/8/2019	Jefferies Financial Group	Set Price Target	Buy	$51.00	Low	i Rating by Randal Konik at Jefferies Financial Group Inc.
8/15/2019	Barclays	Reiterated Rating	Hold	$37.00	High	i
8/14/2019	Jefferies Financial Group	Boost Price Target	Buy	$41.00 ➝ $50.00	High	i Rating by Randal Konik at Jefferies Financial Group Inc.
8/14/2019	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$40.00 ➝ $43.00	High	i
8/14/2019	Bank of America	Boost Price Target	Neutral ➝ Neutral	$37.00 ➝ $40.00	High	i Rating by Robert Ohmes at Bank of America Co.
8/14/2019	Cowen	Reiterated Rating	Outperform	$42.00 ➝ $48.00	High	i Rating by Oliver Chen at Cowen Inc
7/16/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy ➝ Buy	$40.00	High	i
7/15/2019	Morgan Stanley	Initiated Coverage	Equal Weight ➝ Equal Weight	$30.00	High	i
7/15/2019	Guggenheim	Initiated Coverage	Neutral ➝ Neutral		High	i
7/15/2019	Jefferies Financial Group	Initiated Coverage	Buy ➝ Buy	$41.00	High	i
7/15/2019	Barclays	Initiated Coverage	Equal Weight ➝ Equal Weight	$32.00	High	i
7/15/2019	Cowen	Initiated Coverage	Outperform ➝ Outperform	$42.00	High	i
7/15/2019	Bank of America	Initiated Coverage	Neutral ➝ Neutral	$37.00	High	i
7/15/2019	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$32.00	High	i
7/15/2019	Telsey Advisory Group	Initiated Coverage	Outperform ➝ Outperform	$40.00	High	i

(Data available from 5/16/2016 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: $34.75

$34.25

$35.49

50 Day Range

MA: $38.77

$33.03

$42.24

52 Week Range

Now: $34.75

$31.81

$48.87

Volume

2,338,114 shs

Average Volume

1,004,732 shs

Market Capitalization

$3.32 billion

P/E Ratio

36.58

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, Cowen Inc, Craig Hallum, DA Davidson, Deutsche Bank Aktiengesellschaft, MKM Partners, Morgan Stanley, Nomura, Nomura Instinet, Telsey Advisory Group, The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for GO.

What is the current price target for Grocery Outlet?

11 Wall Street analysts have set twelve-month price targets for Grocery Outlet in the last year. Their average twelve-month price target is $44.64, suggesting a possible upside of 28.4%. Telsey Advisory Group has the highest price target set, predicting GO will reach $53.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $37.00 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 4 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GO will outperform the market and that investors should add to their positions of Grocery Outlet.
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, Dairy Farm International, J Sainsbury, Wm Morrison Supermarkets, Sprouts Farmers Market, Greggs, Companhia Brasileira de Distribuição, The North West, Weis Markets, Ingles Markets, Village Super Market, Natural Grocers by Vitamin Cottage, Dairy Farm International and iFresh.

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.