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The Shyft Group - SHYF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $34.00
  • Forecasted Upside: 39.23%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$24.42 As of 05/26/2023 05:00 PM ET
▲ +0.42 (1.75%)

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

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Analyst Price Target for SHYF

Analyst Price Target is $34.00
▲ +39.23% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for The Shyft Group in the last 3 months. The average price target is $34.00, with a high forecast of $40.00 and a low forecast of $30.00. The average price target represents a 39.23% upside from the last price of $24.42.

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

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Current Consensus is Buy

The current consensus among 3 investment analysts is to buy stock in The Shyft Group. This rating has held steady since December 2022, when it changed from a Strong Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/6/2021
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/6/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/4/2022
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2022
  • 1 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/24/2023Raymond JamesLower TargetStrong-Buy$40.00 ➝ $30.00Low
2/24/2023DA DavidsonLower TargetBuy$38.00 ➝ $32.00Low
1/19/2023Raymond JamesBoost TargetStrong-Buy$28.00 ➝ $40.00Low
1/19/2023BTIG ResearchInitiated CoverageBuy$40.00Low
7/13/2022DA DavidsonUpgradeNeutral ➝ Buy$32.00 ➝ $38.00Low
4/26/2022Raymond JamesLower TargetStrong-Buy$57.00 ➝ $50.00Medium
4/6/2022DA DavidsonDowngradeBuy ➝ NeutralHigh
2/25/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$57.00High
11/5/2021DA DavidsonBoost TargetBuy$50.00 ➝ $55.00High
8/10/2021DA DavidsonInitiated CoverageBuy$50.00High
8/9/2021Raymond JamesBoost TargetOutperform$45.00 ➝ $46.00Medium
7/1/2021Colliers SecuritiesReiterated RatingBuyHigh
6/9/2021Raymond JamesBoost TargetOutperform$44.00 ➝ $45.00Medium
5/26/2021Raymond JamesBoost TargetOutperform$42.00 ➝ $44.00Medium
3/12/2021Raymond JamesBoost TargetOutperform$34.00 ➝ $42.00High
1/21/2021Raymond JamesBoost TargetOutperform$30.00 ➝ $34.00Medium
1/5/2021Colliers SecuritiesBoost Target$25.00 ➝ $35.00N/A
12/16/2020Raymond JamesInitiated CoverageOutperform$30.00Low
(Data available from 5/30/2018 forward)

News Sentiment Rating

0.98 (Buy)

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
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/1/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/1/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/31/2022
  • 4 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/30/2023
  • 12 very positive mentions
  • 9 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/1/2023
  • 6 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
3/31/2023
  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/30/2023
  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2023

Current Sentiment

  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

The Shyft Group logo
The Shyft Group, Inc. engages in vehicle manufacturing and assembly for the commercial and retail vehicle industries as well as for the emergency response and recreational vehicle markets. It operates through the Fleet Vehicles and Services, and Specialty Vehicles segments. The Fleet Vehicles and Services segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, mobile retail, and trades and construction industries. The Specialty Vehicles segment deals with the engineering and manufacturing diesel motor home chassis, the provision of specialty vehicles and other commercial vehicles, and the distribution of related aftermarket parts and accessories. The company was founded by William F. Foster, George Sztykiel, Gerald Geary, and John Knox on September 18, 1975 and is headquartered in Novi, MI.
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Today's Range

Now: $24.42
Low: $23.95
High: $24.48

50 Day Range

MA: $23.13
Low: $21.01
High: $25.37

52 Week Range

Now: $24.42
Low: $17.66
High: $34.10

Volume

141,100 shs

Average Volume

227,539 shs

Market Capitalization

$852.75 million

P/E Ratio

20.52

Dividend Yield

0.82%

Beta

1.99

Frequently Asked Questions

What sell-side analysts currently cover shares of The Shyft Group?

The following sell-side analysts have issued reports on The Shyft Group in the last year: BTIG Research, DA Davidson, Raymond James, and TheStreet.
View the latest analyst ratings for SHYF.

What is the current price target for The Shyft Group?

3 Wall Street analysts have set twelve-month price targets for The Shyft Group in the last year. Their average twelve-month price target is $34.00, suggesting a possible upside of 39.2%. BTIG Research has the highest price target set, predicting SHYF will reach $40.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $30.00 for The Shyft Group in the next year.
View the latest price targets for SHYF.

What is the current consensus analyst rating for The Shyft Group?

The Shyft Group currently has 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SHYF will outperform the market and that investors should add to their positions of The Shyft Group.
View the latest ratings for SHYF.

What other companies compete with The Shyft Group?

Other companies that are similar to The Shyft Group include Lion Electric, Nikola, Niu Technologies, Proterra and Faraday Future Intelligent Electric. Learn More about companies similar to The Shyft Group.

How do I contact The Shyft Group's investor relations team?

The Shyft Group's physical mailing address is 41280 BRIDGE STREET, NOVI MI, 48375. The company's listed phone number is (517) 543-6400 and its investor relations email address is [email protected]. The official website for The Shyft Group is www.spartanmotors.com. Learn More about contacing The Shyft Group investor relations.