• Consensus Rating: Hold
  • Consensus Price Target: $42.83
  • Forecasted Upside: 24.41 %
  • Number of Analysts: 8
  • Breakdown:
  • 2 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$34.43
▲ +0.49 (1.44%)

This chart shows the closing price for PINC by one month, three months, or twelve months.

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Analyst Price Target for PINC

Analyst Price Target is $42.83
▲ +24.41% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Premier in the last 3 months. The average price target is $42.83, with a high forecast of $46.00 and a low forecast of $36.00. The average price target represents a 24.41% upside from the last price of $34.43.

This chart shows the closing price for PINC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 investment analysts is to hold stock in Premier. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 2 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 3 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 3 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 3 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 2 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 2 sell ratings
7/5/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 2 sell ratings
9/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 2 sell ratings
10/3/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/24/2022BenchmarkBoost TargetBuy$44.00 ➝ $46.00Low
8/17/2022Canaccord Genuity GroupBoost TargetBuy$44.00 ➝ $46.00Low
8/17/2022Credit Suisse GroupBoost TargetUnderperform$35.00 ➝ $38.00Low
8/17/2022Canaccord Genuity GroupBoost Target$44.00 ➝ $46.00Low
5/4/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$47.00 ➝ $44.00Low
5/4/2022Piper SandlerUpgradeNeutral ➝ Overweight$39.00 ➝ $45.00High
5/3/2022SVB LeerinkReiterated RatingOutperformLow
4/13/2022GuggenheimInitiated CoverageNeutralLow
4/1/2022Credit Suisse GroupInitiated CoverageUnderperform$35.00Low
11/18/2021BarclaysBoost TargetUnderweight$34.00 ➝ $36.00Medium
11/3/2021Piper SandlerBoost TargetNeutral$31.00 ➝ $39.00High
8/19/2021Raymond JamesBoost TargetOutperform$39.00 ➝ $45.00Low
8/18/2021SVB LeerinkBoost TargetOutperform$44.00 ➝ $46.00High
5/28/2021BarclaysDowngradeOverweight ➝ Underweight$42.00 ➝ $34.00High
5/6/2021Robert W. BairdReiterated RatingHoldMedium
5/4/2021Piper SandlerLower Target$36.00 ➝ $31.00Medium
2/4/2021Craig HallumBoost TargetHold$33.00 ➝ $38.00Medium
2/4/2021Piper SandlerBoost TargetNeutral$32.00 ➝ $36.00Medium
2/3/2021Raymond JamesBoost TargetOutperform$37.00 ➝ $39.00Low
2/3/2021SVB LeerinkBoost TargetOutperform$39.00 ➝ $44.00Low
2/3/2021BenchmarkUpgradeHold ➝ Buy$42.00Low
1/19/2021Bank of AmericaDowngradeBuy ➝ Underperform$41.00 ➝ $36.00High
1/15/2021Credit Suisse GroupDowngradeNeutral ➝ Underperform$35.00Low
1/8/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$40.00Low
12/8/2020Berenberg BankInitiated CoverageBuy$42.00Low
11/3/2020Piper SandlerBoost TargetNeutral$31.00 ➝ $32.00High
10/7/2020Raymond JamesReiterated RatingBuyMedium
8/31/2020GuggenheimUpgradeNeutral ➝ Buy$37.00Medium
8/27/2020UBS GroupLower TargetNeutral$33.00 ➝ $32.00Low
8/26/2020SVB LeerinkLower TargetOutperform$42.00 ➝ $39.00Medium
8/26/2020Raymond JamesLower TargetOutperform$40.00 ➝ $37.00Medium
8/26/2020BenchmarkDowngradeBuy ➝ HoldMedium
8/12/2020Credit Suisse GroupLower TargetNeutral$37.00 ➝ $35.00High
5/12/2020SunTrust BanksBoost TargetHold$30.00 ➝ $32.00Medium
5/11/2020Cantor FitzgeraldInitiated CoverageOverweight$42.00Medium
5/6/2020Robert W. BairdBoost TargetNeutral$34.00 ➝ $36.00Low
5/6/2020UBS GroupLower TargetNeutral$35.00 ➝ $33.00Medium
4/13/2020SVB LeerinkInitiated CoverageOutperform$42.00High
3/26/2020SunTrust BanksLower TargetHold$38.00 ➝ $30.00High
2/11/2020Credit Suisse GroupLower TargetNeutral$38.00 ➝ $37.00Low
2/5/2020Robert W. BairdLower TargetNeutral$41.00 ➝ $36.00Medium
2/5/2020BenchmarkReiterated RatingBuy$46.00 ➝ $43.00Medium
2/4/2020Piper SandlerReiterated RatingHoldMedium
1/19/2020BarclaysReiterated RatingBuy$44.00Low
11/11/2019Robert W. BairdDowngradeOutperform ➝ Neutral$41.00Low
11/11/2019Evercore ISIReiterated RatingHoldLow
10/31/2019UBS GroupDowngradeBuy ➝ Neutral$44.00 ➝ $38.00High
9/26/2019Jefferies Financial GroupSet TargetBuy$43.00Low
9/26/2019Robert W. BairdSet TargetBuy$46.00Low
8/22/2019Piper Jaffray CompaniesReiterated RatingHoldHigh
8/13/2019Credit Suisse GroupReiterated RatingOutperform ➝ Neutral$43.00 ➝ $42.00Low
6/18/2019GuggenheimInitiated CoverageNeutral ➝ Neutral$41.00Low
5/2/2019CitigroupUpgradeNeutral ➝ Buy$45.00Medium
1/17/2019UBS GroupInitiated CoverageBuy ➝ Buy$45.00Low
9/25/2018BarclaysInitiated CoverageOverweightHigh
8/22/2018SVB LeerinkSet TargetBuy$45.00 ➝ $55.00High
8/22/2018Raymond JamesBoost TargetOutperform ➝ In-Line$37.00 ➝ $49.00High
8/22/2018BenchmarkReiterated RatingIn-Line ➝ Buy$40.00 ➝ $50.00Medium
8/22/2018SunTrust BanksDowngradeBuy ➝ Hold$38.00Medium
8/21/2018OppenheimerBoost TargetOutperform$48.00High
8/21/2018Piper Jaffray CompaniesBoost TargetNeutral$32.00 ➝ $40.00High
6/27/2018SVB LeerinkInitiated CoverageOutperform$45.00Low
5/9/2018Credit Suisse GroupLower TargetOutperform ➝ Outperform$42.00 ➝ $38.00Low
2/27/2018Bank of AmericaInitiated CoverageBuy ➝ Buy$39.00High
2/13/2018CowenInitiated CoverageMarket Perform$35.00Medium
2/8/2018SunTrust BanksReiterated RatingBuy$38.00High
2/8/2018BenchmarkInitiated CoverageBuy ➝ Buy$40.00Medium
2/7/2018Piper Jaffray CompaniesReiterated RatingNeutral ➝ HoldMedium
2/6/2018William BlairReiterated RatingOutperformMedium
1/18/2018Evercore ISIInitiated CoverageIn ➝ In-Line$33.50Low
1/4/2018CitigroupInitiated CoverageNeutralMedium
12/19/2017JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Neutral$30.00High
12/7/2017OppenheimerReiterated RatingBuy$40.00Low
11/17/2017SunTrust BanksLower TargetBuy$36.00N/A
11/10/2017Robert W. BairdReiterated RatingBuy$35.00N/A
10/4/2017KeyCorpReiterated RatingBuy$42.00Low
(Data available from 10/4/2017 forward)

News Sentiment Rating

0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 26 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
3/7/2022
  • 15 very positive mentions
  • 39 positive mentions
  • 4 negative mentions
  • 5 very negative mentions
4/6/2022
  • 10 very positive mentions
  • 39 positive mentions
  • 8 negative mentions
  • 3 very negative mentions
5/6/2022
  • 6 very positive mentions
  • 32 positive mentions
  • 12 negative mentions
  • 8 very negative mentions
6/5/2022
  • 9 very positive mentions
  • 20 positive mentions
  • 11 negative mentions
  • 2 very negative mentions
7/5/2022
  • 14 very positive mentions
  • 28 positive mentions
  • 13 negative mentions
  • 6 very negative mentions
8/4/2022
  • 12 very positive mentions
  • 45 positive mentions
  • 9 negative mentions
  • 1 very negative mentions
9/3/2022
  • 9 very positive mentions
  • 46 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
10/3/2022

Current Sentiment

  • 9 very positive mentions
  • 46 positive mentions
  • 6 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Premier logo
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates in two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with an access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and workforce solutions. This segment also provides the ASCENDrive programs for members to receive group purchasing programs, tiers, and prices; SURPASS Performance Group services; STOCKD, an e-commerce platform; PROVIDEGX program, which identifies supply sources for drugs that are on or may be at risk of being added to the national drug shortage list, or that are vulnerable to pricing volatility, as well as direct sourcing business; SaaS informatics products; supply chain co-management services; purchased services contracts; direct sourcing solutions; and supply chain resiliency programs. The Performance Services segment provides technology and services platform with offerings that help optimize performance in three main areas, including clinical intelligence, margin improvement, and value-based care under the PINC AI brand; third party administrator services and management of health benefit programs under the Contigo Health brand; and digital invoicing and payables services that offers financial support services to healthcare product suppliers and service providers under the Remitra brand. The company also provides services to other businesses, including food service, schools, and universities. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina.
Read More

Today's Range

Now: $34.43
Low: $33.96
High: $34.70

50 Day Range

MA: $36.23
Low: $33.06
High: $38.53

52 Week Range

Now: $34.43
Low: $33.01
High: $42.15

Volume

451,975 shs

Average Volume

538,109 shs

Market Capitalization

$4.07 billion

P/E Ratio

15.94

Dividend Yield

2.47%

Beta

0.35

Frequently Asked Questions

What sell-side analysts currently cover shares of Premier?

The following Wall Street analysts have issued research reports on Premier in the last year: Barclays PLC, Benchmark Co., Canaccord Genuity Group Inc., Credit Suisse Group AG, Guggenheim, Piper Sandler, StockNews.com, SVB Leerink LLC, and TheStreet.
View the latest analyst ratings for PINC.

What is the current price target for Premier?

6 Wall Street analysts have set twelve-month price targets for Premier in the last year. Their average twelve-month price target is $42.83, suggesting a possible upside of 24.4%. Benchmark Co. has the highest price target set, predicting PINC will reach $46.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $36.00 for Premier in the next year.
View the latest price targets for PINC.

What is the current consensus analyst rating for Premier?

Premier currently has 2 sell ratings, 1 hold rating and 5 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 PINC, but not buy more shares or sell existing shares.
View the latest ratings for PINC.

What other companies compete with Premier?

How do I contact Premier's investor relations team?

Premier's physical mailing address is 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC, 28277. The company's listed phone number is (704) 357-0022 and its investor relations email address is [email protected] The official website for Premier is www.premierinc.com. Learn More about contacing Premier investor relations.