NASDAQ:SHYF - The Shyft Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $40.00
  • Forecasted Upside: 10.28 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$36.27
▼ -0.67 (-1.81%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New The Shyft Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SHYF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SHYF

Analyst Price Target is $40.00
▲ +10.28% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for The Shyft Group in the last 3 months. The average price target is $40.00, with a high forecast of $45.00 and a low forecast of $35.00. The average price target represents a 10.28% upside from the last price of $36.27.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in The Shyft Group.

Past Monthly Recommendations

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

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/25/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/9/2021Raymond JamesBoost Price TargetOutperform$44.00 ➝ $45.00Medium
5/26/2021Raymond JamesBoost Price TargetOutperform$42.00 ➝ $44.00Medium
3/12/2021Raymond JamesBoost Price TargetOutperform$34.00 ➝ $42.00High
1/21/2021Raymond JamesBoost Price TargetOutperform$30.00 ➝ $34.00Medium
1/5/2021Colliers SecuritiesBoost Price Target$25.00 ➝ $35.00N/A
12/16/2020Raymond JamesInitiated CoverageOutperform$30.00Low
(Data available from 6/23/2016 forward)
The Shyft Group logo
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. The company's Fleet Vehicles and Services segment manufactures and sells commercial vehicles that are used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles under the Aeromaster, Velocity, Trademaster, and Utilivan brand names; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, and passenger vans under the Specialty Upfit name; provides aftermarket support, including parts sales and field services; and parts and accessories for its walk-in vans and truck bodies. The company's Specialty Vehicle segment engages in the engineering and manufacture of luxury class A diesel motor home chassis; manufacture and assemble of truck body options for various trades, service truck bodies, stake body trucks, contractor trucks, and dump bed trucks under the Royal Truck Body and DuraMag go-to-market brand names; and provision of chassis and complete vehicle assembly services for other specialty chassis and vehicles. This segment also offers assembly services for Isuzu N-gas and F-series chassis; and parts and accessories for motorhome and specialty chassis, as well as related maintenance and repair services. The company sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
Read More

Today's Range

Now: $36.27
Low: $35.93
High: $37.00

50 Day Range

MA: $37.70
Low: $33.90
High: $41.57

52 Week Range

Now: $36.27
Low: $14.70
High: $43.75

Volume

165,784 shs

Average Volume

219,178 shs

Market Capitalization

$1.28 billion

P/E Ratio

35.91

Dividend Yield

0.27%

Beta

1.59

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: Colliers Securities, Raymond James, and Zacks Investment Research.
View the latest analyst ratings for SHYF.

What is the current price target for The Shyft Group?

2 Wall Street analysts have set twelve-month price targets for The Shyft Group in the last year. Their average twelve-month price target is $40.00, suggesting a possible upside of 10.3%. Raymond James has the highest price target set, predicting SHYF will reach $45.00 in the next twelve months. Colliers Securities has the lowest price target set, forecasting a price of $35.00 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 1 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?

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.