NASDAQ:GO - Grocery Outlet Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $46.36
  • Forecasted Upside: 8.86 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$42.59
▲ +1.84 (4.52%)
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.
$46.36
▲ +8.86% 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 $46.36, with a high forecast of $53.00 and a low forecast of $40.00. The average price target represents a 8.86% upside from the last price of $42.59.
Buy
The current consensus among 12 investment analysts is to buy stock in Grocery Outlet.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/5/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/3/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/1/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/18/2020Berenberg BankInitiated CoverageBuyLow
i
11/11/2020DA DavidsonLower Price TargetBuy$53.00 ➝ $50.00High
i
Rating by M. Baker at DA Davidson
11/11/2020Morgan StanleyLower Price TargetEqual Weight$43.00 ➝ $42.00High
i
8/14/2020DA DavidsonInitiated CoverageBuy$53.00Low
i
Rating by M. Baker at DA Davidson
8/12/2020Morgan StanleyBoost Price TargetEqual Weight$41.00 ➝ $43.00Low
i
8/11/2020Telsey Advisory GroupBoost Price TargetOutperform$50.00 ➝ $53.00Low
i
Rating by J. Feldman at Telsey Advisory Group
8/11/2020UBS GroupBoost Price TargetNeutral$40.00 ➝ $46.00High
i
8/5/2020Telsey Advisory GroupBoost Price TargetOutperform$45.00 ➝ $50.00Low
i
Rating by J. Feldman at Telsey Advisory Group
8/4/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$43.00 ➝ $47.00High
i
7/29/2020MKM PartnersInitiated CoverageBuy$50.00Low
i
Rating by William Kirk at MKM Partners
7/21/2020The Goldman Sachs GroupBoost Price TargetBuy$43.00 ➝ $47.00Medium
i
6/18/2020CowenReiterated RatingBuy$48.00Low
i
Rating by Oliver Chen at Cowen Inc
6/16/2020NomuraInitiated CoverageBuy$40.00High
i
6/16/2020Nomura InstinetInitiated CoverageBuy$40.00Medium
i
5/15/2020The Goldman Sachs GroupInitiated CoverageBuy$43.00Low
i
5/12/2020UBS GroupBoost Price TargetNeutral$37.00 ➝ $40.00Medium
i
5/12/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$42.00 ➝ $43.00High
i
5/12/2020Morgan StanleyBoost Price TargetEqual Weight$38.00 ➝ $41.00High
i
4/28/2020UBS GroupBoost Price TargetNeutral$35.00 ➝ $37.00Medium
i
3/25/2020Morgan StanleyBoost Price TargetEqual Weight$35.00 ➝ $38.00Low
i
3/25/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$43.00 ➝ $42.00Medium
i
3/17/2020Telsey Advisory GroupReiterated RatingOutperformHigh
i
Rating by J. Feldman at Telsey Advisory Group
3/17/2020Morgan StanleyLower Price TargetEqual Weight$36.00 ➝ $35.00High
i
2/18/2020Deutsche Bank AktiengesellschaftLower Price TargetBuy$45.00 ➝ $43.00Medium
i
2/12/2020Morgan StanleyLower Price TargetEqual Weight$39.00 ➝ $36.00High
i
1/29/2020Craig HallumInitiated CoverageBuy$47.00Low
i
10/8/2019Jefferies Financial GroupSet Price TargetBuy$51.00Low
i
Rating by Randal Konik at Jefferies Financial Group Inc.
8/15/2019BarclaysReiterated RatingHold$37.00High
i
8/14/2019Jefferies Financial GroupBoost Price TargetBuy$41.00 ➝ $50.00High
i
Rating by Randal Konik at Jefferies Financial Group Inc.
8/14/2019Deutsche Bank AktiengesellschaftBoost Price TargetBuy$40.00 ➝ $43.00High
i
8/14/2019Bank of AmericaBoost Price TargetNeutral ➝ Neutral$37.00 ➝ $40.00High
i
Rating by Robert Ohmes at Bank of America Co.
8/14/2019CowenReiterated RatingOutperform$42.00 ➝ $48.00High
i
Rating by Oliver Chen at Cowen Inc
7/16/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy ➝ Buy$40.00High
i
7/15/2019Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$30.00High
i
7/15/2019GuggenheimInitiated CoverageNeutral ➝ NeutralHigh
i
7/15/2019Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$41.00High
i
7/15/2019BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$32.00High
i
7/15/2019CowenInitiated CoverageOutperform ➝ Outperform$42.00High
i
7/15/2019Bank of AmericaInitiated CoverageNeutral ➝ Neutral$37.00High
i
7/15/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$32.00High
i
7/15/2019Telsey Advisory GroupInitiated CoverageOutperform ➝ Outperform$40.00High
i
(Data available from 1/27/2016 forward)
Grocery Outlet logo
Grocery Outlet Holding Corp. owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as dairy and deli, produce, and fresh meat and seafood products, as well as grocery, frozen, beer and wine, general merchandise, and health and beauty care products; and natural, organic, specialty, and healthy products. As of November 10, 2020, it had 350 stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 1946 and is headquartered in Emeryville, California.
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Today's Range

Now: $42.59
$40.58
$42.64

50 Day Range

MA: $39.51
$37.47
$40.75

52 Week Range

Now: $42.59
$28.11
$48.87

Volume

867,360 shs

Average Volume

821,690 shs

Market Capitalization

$4.01 billion

P/E Ratio

44.83

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.

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 $46.36, suggesting a possible upside of 8.9%. Telsey Advisory Group has the highest price target set, predicting GO will reach $53.00 in the next twelve months. Nomura Instinet has the lowest price target set, forecasting a price of $40.00 for Grocery Outlet in the next year.

What is the current consensus analyst rating for Grocery Outlet?

Grocery Outlet currently has 2 hold ratings and 10 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.

What other companies compete with Grocery Outlet?

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.