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Karooooo Analyst Ratings

Benzinga ·  Jul 24, 2023 21:24
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/24/2023 41.4% Morgan Stanley $37 → $34 Maintains Overweight
07/21/2023 24.76% Raymond James $27 → $30 Maintains Outperform
07/17/2023 53.87% Morgan Stanley $37 → $37 Reiterates Overweight → Overweight
06/26/2023 53.87% Morgan Stanley $37 → $37 Reiterates Overweight → Overweight
06/20/2023 53.87% Morgan Stanley → $37 Reiterates → Overweight
06/12/2023 53.87% Morgan Stanley → $37 Reiterates → Overweight
05/10/2023 12.29% Raymond James $30 → $27 Maintains Outperform
01/24/2023 53.87% Morgan Stanley $39 → $37 Maintains Overweight
10/14/2022 24.76% Raymond James $34 → $30 Maintains Outperform
07/29/2022 41.4% Raymond James $40 → $34 Maintains Outperform
05/06/2022 70.51% Morgan Stanley $43 → $41 Maintains Overweight
04/29/2022 66.35% Raymond James $45 → $40 Maintains Outperform
03/21/2022 66.35% Stifel $45 → $40 Maintains Buy
07/14/2021 78.82% Morgan Stanley $45 → $43 Maintains Overweight
06/11/2021 87.14% Raymond James → $45 Initiates Coverage On → Outperform
04/29/2021 112.09% Stifel → $51 Initiates Coverage On → Buy
04/27/2021 87.14% Canaccord Genuity → $45 Initiates Coverage On → Buy
04/27/2021 87.14% Morgan Stanley → $45 Initiates Coverage On → Overweight
04/27/2021 116.25% B of A Securities → $52 Initiates Coverage On → Buy
04/26/2021 William Blair Initiates Coverage On → Outperform
04/22/2021 85.06% Investec → $44.5 Initiates Coverage On → Buy

What is the target price for Karooooo (KARO)?

The latest price target for Karooooo (NASDAQ: KARO) was reported by Morgan Stanley on July 24, 2023. The analyst firm set a price target for $34.00 expecting KARO to rise to within 12 months (a possible 41.40% upside). 10 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Karooooo (KARO)?

The latest analyst rating for Karooooo (NASDAQ: KARO) was provided by Morgan Stanley, and Karooooo maintained their overweight rating.

When is the next analyst rating going to be posted or updated for Karooooo (KARO)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Karooooo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Karooooo was filed on July 24, 2023 so you should expect the next rating to be made available sometime around July 24, 2024.

Is the Analyst Rating Karooooo (KARO) correct?

While ratings are subjective and will change, the latest Karooooo (KARO) rating was a maintained with a price target of $37.00 to $34.00. The current price Karooooo (KARO) is trading at is $24.05, which is out of the analyst's predicted range.

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