17 Analysts Have This to Say About Birkenstock Holding
Portfolio Pulse from Benzinga Insights
In the last quarter, Birkenstock Holding (NYSE:BIRK) received 17 analyst ratings, with an average 12-month price target of $47.56, a slight increase from the previous target of $47.00. The ratings included 6 bullish, 6 somewhat bullish, and 5 indifferent, with no bearish or somewhat bearish ratings. The high price target is $55.00 and the low is $41.00, indicating a generally positive outlook from analysts.
December 14, 2023 | 6:00 pm
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POSITIVE IMPACT
Birkenstock Holding has a positive outlook from analysts with an average price target of $47.56, reflecting a 1.19% increase from the previous target. The consensus shows a bullish sentiment with no bearish ratings.
The increase in the average price target and the absence of bearish ratings among analysts suggest a positive short-term impact on BIRK's stock price. The consensus indicates that analysts believe the stock has potential for growth, which could lead to increased investor confidence and upward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100