NYSE:SCS - Steelcase Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.00
  • Forecasted Upside: -19.41 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$14.89
▲ +0.38 (2.62%)
1 month | 3 months | 12 months
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Analyst Price Target for SCS

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.
$12.00
▼ -19.41% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Steelcase in the last 3 months. The average price target is $12.00, with a high forecast of $12.00 and a low forecast of $12.00. The average price target represents a -19.41% upside from the last price of $14.89.
Buy
The current consensus among 2 investment analysts is to buy stock in Steelcase. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/14/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/13/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/12/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/10/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/8/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/7/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/5/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/7/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/15/2020SidotiUpgradeNeutral ➝ BuyHigh
i
8/24/2020BenchmarkDowngradeBuy ➝ HoldLow
i
6/1/2020SidotiBoost Price TargetNeutral$10.00 ➝ $12.00Low
i
5/22/2020BenchmarkInitiated CoverageBuyHigh
i
3/25/2020SidotiLower Price TargetNeutral$14.00 ➝ $10.00High
i
3/16/2020SidotiLower Price TargetNeutral$18.00 ➝ $14.00High
i
12/18/2019SidotiBoost Price TargetNeutral$17.00 ➝ $20.00High
i
10/7/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformHigh
i
9/23/2019Raymond JamesBoost Price TargetStrong-Buy$21.00 ➝ $23.00High
i
7/17/2019Seaport Global SecuritiesDowngradeBuy ➝ NeutralHigh
i
Rating by M. Mccall at Seaport Global Securities
3/21/2019Raymond JamesUpgradeOutperform ➝ Strong-Buy$20.00 ➝ $21.00High
i
10/12/2018Seaport Global SecuritiesUpgradeNeutral ➝ Buy$20.00Medium
i
Rating by M. Mccall at Seaport Global Securities
9/24/2018Raymond JamesBoost Price TargetOutperform ➝ Outperform$16.50 ➝ $20.00Low
i
3/26/2018Seaport Global SecuritiesReiterated RatingNeutralMedium
i
Rating by M. Mccall at Seaport Global Securities
9/20/2017SidotiDowngradeBuy ➝ Neutral$16.00High
i
9/1/2017SidotiUpgradeNeutral ➝ Buy$16.00Low
i
6/23/2017Raymond JamesReiterated RatingStrong-Buy ➝ Outperform$19.00 ➝ $16.00High
i
6/23/2017UBS GroupDowngradeStrong-Buy ➝ OutperformN/A
i
3/23/2017Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$19.00High
i
3/23/2017UBS GroupUpgradeMarket Perform ➝ Strong-BuyN/A
i
11/4/2016Seaport Global SecuritiesInitiated CoverageNeutralN/A
i
Rating by M. Mccall at Seaport Global Securities
(Data available from 3/8/2016 forward)
Steelcase logo
Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. It operates through Americas, EMEA, and Other segments. The company's furniture portfolio includes panels, fence and beam-based furniture systems, storage products, fixed and height-adjustable desks, benches, and tables, as well as complementary products, including worktools and screens. Its seating products comprise task chairs; seating for collaborative or casual settings; and specialty seating for specific vertical markets, such as healthcare and education. The company's interior architectural products include full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, data-driven space measurement, lease origination, furniture `and asset management, and hosted event services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, Coalesse, Smith System, AMQ, Turnstone, Orangebox, and Designtex brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan.
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Today's Range

Now: $14.89
$14.38
$14.95

50 Day Range

MA: $13.65
$12.93
$14.73

52 Week Range

Now: $14.89
$7.02
$15.64

Volume

632,600 shs

Average Volume

646,877 shs

Market Capitalization

$1.71 billion

P/E Ratio

20.97

Dividend Yield

2.69%

Beta

1.56

Frequently Asked Questions

What sell-side analysts currently cover shares of Steelcase?

The following Wall Street analysts have issued research reports on Steelcase in the last twelve months: Benchmark Co., Sidoti, and TheStreet.
View the latest analyst ratings for SCS.

What is the current price target for Steelcase?

1 Wall Street analysts have set twelve-month price targets for Steelcase in the last year. Their average twelve-month price target is $12.00, suggesting a possible downside of 19.4%. Sidoti has the highest price target set, predicting SCS will reach $12.00 in the next twelve months. Sidoti has the lowest price target set, forecasting a price of $12.00 for Steelcase in the next year.
View the latest price targets for SCS.

What is the current consensus analyst rating for Steelcase?

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

What other companies compete with Steelcase?

How do I contact Steelcase's investor relations team?

Steelcase's physical mailing address is 901 44TH STREET SE, GRAND RAPIDS MI, 49508. The business services provider's listed phone number is 616-247-2710 and its investor relations email address is [email protected] The official website for Steelcase is www.steelcase.com.