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.
Current Consensus is
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.
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.