The Latest Analyst Ratings for ESAB
Portfolio Pulse from Benzinga Insights
ESAB (NYSE:ESAB) received 4 analyst ratings in the last quarter with an average 12-month price target of $84.5, a high of $95.00, and a low of $76.00. The current average price target represents a 15.75% increase from the previous target of $73.00. Ratings distribution includes 1 bullish, 1 somewhat bullish, and 2 indifferent ratings. No bearish or somewhat bearish ratings were given.
December 06, 2023 | 5:00 pm
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POSITIVE IMPACT
ESAB's stock may see a positive short-term impact due to the upward revision of the average price target by analysts and the absence of bearish ratings.
The increase in the average price target suggests that analysts have a more favorable view of the stock's future performance. The lack of bearish ratings could contribute to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100