Analyst Ratings Coverage
Analyst ratings on Birkenstock’s stock, initiated on November 6, 2023
Piper Jaffray rates as “Overweight” and setting a target price of USD 50, indicating confidence in the stock’s potential to outperform.
Stifel Nicolaus recommends investors to “Buy” Birkenstock’s stock, with a target price of USD 47, reflecting their positive outlook on the company.
Telsey Advisory Group has a favorable view of Birkenstock, rating it as “Outperform” and setting a target price of USD 47, implying an expectation of above-average performance.
Williams Trading is bullish on Birkenstock, advising investors to “Buy” the stock and setting a target price of USD 55, indicating a high level of confidence in its potential.
Jefferies & Company recommends a “Buy” position on Birkenstock’s stock, with a target price of USD 50, expressing a positive outlook on its future performance.
Bank of America Merrill Lynch takes a neutral stance on Birkenstock, with a rating of “Neutral” and a target price of USD 44, indicating a more cautious position.
William Blair & Company holds an “Outperform” view, but the target price is not available.
Robert W. Baird & Co. rates Birkenstock as “Outperform” with a target price of USD 48, demonstrating confidence in the stock’s ability to outperform the market.
UBS Securities adopts a “Neutral” stance on Birkenstock with a target price of USD 44, indicating a more balanced view.
BNP Paribas also rates the stock as “Neutral” with a target price of USD 44, suggesting a similarly cautious viewpoint.
Citigroup has a bullish outlook, rating Birkenstock as “Buy” and setting a target price of USD 52, indicating confidence in its potential.
J.P. Morgan Chase & Co. holds an “Overweight” position on the stock, with a target price of USD 48, reflecting a positive outlook.
Deutsche Bank advises investors to “Buy” Birkenstock’s stock, with a target price of USD 43, expressing confidence in its future performance.
Goldman Sachs & Co. recommends a “Buy” position, with a target price of USD 48.5, indicating a strong positive sentiment.
Morgan Stanley & Co. rates the stock as “Equal-Weight” and sets a target price of USD 41, suggesting a more balanced perspective.
BMO Capital Markets is optimistic, rating Birkenstock as “Outperform” and setting a target price of USD 50, indicating confidence in its potential.
HSBC Securities (USA) takes a more cautious stance, advising investors to “Hold” the stock, with a target price of USD 42, reflecting a neutral view.
BIRK Stock Analysis
- Average Analyst Target Price:
- According to the consensus of 17 financial analysts, the average analyst target price for Birkenstock Holding plc is projected to be USD 47.09 over the next 12 months. This target price represents the collective assessment of these analysts regarding where they anticipate the stock will trade in the coming year. An average target price of USD 47.09 implies an overall positive sentiment among analysts, with expectations of price appreciation in the future.
- Average Analyst Rating:
- The average analyst rating for Birkenstock Holding plc is classified as “Strong Buy.” This rating reflects the consensus opinion among the analysts covering the stock, suggesting a high level of confidence in the company’s future performance. A “Strong Buy” rating is indicative of a positive outlook on the stock’s potential.
- Stock Target Advisor’s Analysis:
- Stock Target Advisor, an independent stock analysis source, offers its own assessment of Birkenstock Holding plc, rating the stock as “Neutral.” This rating is based on an evaluation of 2 positive signals and 2 negative signals. The “Neutral” rating suggests that there is a balance of both positive and negative factors at play in the stock’s outlook, resulting in a more cautious and balanced stance.
- Stock Price Performance:
- At the most recent closing, Birkenstock Holding plc’s stock was valued at USD 41.16. This represents the price at which the stock was last traded in the market.
- Over the past week, the stock price has experienced a significant increase of +8.12%, indicating strong positive momentum in the short term.
- However, over the past month and year, the stock price has remained relatively stable, with no significant changes, signifying a lack of significant price fluctuations during these longer time frames.
