| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/31/2023 | 33.65% | Morgan Stanley | $34 → $34 | Reiterates | Overweight → Overweight |
| 07/25/2023 | 33.65% | Morgan Stanley | $34 → $34 | Reiterates | Overweight → Overweight |
| 07/24/2023 | 33.65% | Morgan Stanley | $37 → $34 | Maintains | Overweight |
| 07/21/2023 | 17.92% | Raymond James | $27 → $30 | Maintains | Outperform |
| 07/17/2023 | 45.44% | Morgan Stanley | $37 → $37 | Reiterates | Overweight → Overweight |
| 06/26/2023 | 45.44% | Morgan Stanley | $37 → $37 | Reiterates | Overweight → Overweight |
| 06/20/2023 | 45.44% | Morgan Stanley | → $37 | Reiterates | → Overweight |
| 06/12/2023 | 45.44% | Morgan Stanley | → $37 | Reiterates | → Overweight |
| 05/10/2023 | 6.13% | Raymond James | $30 → $27 | Maintains | Outperform |
| 01/24/2023 | 45.44% | Morgan Stanley | $39 → $37 | Maintains | Overweight |
| 10/14/2022 | 17.92% | Raymond James | $34 → $30 | Maintains | Outperform |
| 07/29/2022 | 33.65% | Raymond James | $40 → $34 | Maintains | Outperform |
| 05/06/2022 | 61.16% | Morgan Stanley | $43 → $41 | Maintains | Overweight |
| 04/29/2022 | 57.23% | Raymond James | $45 → $40 | Maintains | Outperform |
| 03/21/2022 | 57.23% | Stifel | $45 → $40 | Maintains | Buy |
| 07/14/2021 | 69.03% | Morgan Stanley | $45 → $43 | Maintains | Overweight |
| 06/11/2021 | 76.89% | Raymond James | → $45 | Initiates Coverage On | → Outperform |
| 04/29/2021 | 100.47% | Stifel | → $51 | Initiates Coverage On | → Buy |
| 04/27/2021 | 76.89% | Canaccord Genuity | → $45 | Initiates Coverage On | → Buy |
| 04/27/2021 | 76.89% | Morgan Stanley | → $45 | Initiates Coverage On | → Overweight |
| 04/27/2021 | 104.4% | B of A Securities | → $52 | Initiates Coverage On | → Buy |
| 04/26/2021 | — | William Blair | Initiates Coverage On | → Outperform | |
| 04/22/2021 | 74.92% | 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 31, 2023. The analyst firm set a price target for $34.00 expecting KARO to rise to within 12 months (a possible 33.65% upside). 11 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 reiterated 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 31, 2023 so you should expect the next rating to be made available sometime around July 31, 2024.
Is the Analyst Rating Karooooo (KARO) correct?
While ratings are subjective and will change, the latest Karooooo (KARO) rating was a reiterated with a price target of $34.00 to $34.00. The current price Karooooo (KARO) is trading at is $25.44, which is out of the analyst's predicted range.