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Wipro Analyst Ratings

Benzinga ·  Aug 23, 2023 03:20
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/22/2023 -5.72% Goldman Sachs → $4.7 Initiates Coverage On → Sell
05/24/2023 -13.74% JP Morgan → $4.3 Initiates Coverage On → Underweight
03/22/2023 -21.77% Bernstein $5.1 → $3.9 Downgrades Market Perform → Underperform
09/13/2022 Goldman Sachs Upgrades Sell → Buy
07/14/2022 Morgan Stanley Downgrades Overweight → Underweight
06/02/2022 Macquarie Upgrades Neutral → Outperform
05/19/2022 JP Morgan Downgrades Neutral → Underweight
02/04/2022 54.46% Jefferies $8.55 → $7.7 Upgrades Underperform → Hold
05/26/2021 24.97% Bernstein → $6.23 Upgrades Underperform → Market Perform
04/16/2021 Citigroup Upgrades Neutral → Buy
02/20/2020 JP Morgan Initiates Coverage On → Underweight
11/21/2019 Goldman Sachs Downgrades Neutral → Sell
10/03/2019 -30.59% Goldman Sachs $3.47 → $3.46 Upgrades Sell → Neutral
02/26/2019 Credit Suisse Downgrades Neutral → Underperform
01/22/2019 Credit Suisse Downgrades Outperform → Neutral
09/13/2018 Credit Suisse Upgrades Neutral → Outperform

What is the target price for Wipro (WIT)?

The latest price target for Wipro (NYSE: WIT) was reported by Goldman Sachs on August 22, 2023. The analyst firm set a price target for $4.70 expecting WIT to fall to within 12 months (a possible -5.72% downside). 4 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Wipro (WIT)?

The latest analyst rating for Wipro (NYSE: WIT) was provided by Goldman Sachs, and Wipro initiated their sell rating.

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

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wipro, 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 Wipro was filed on August 22, 2023 so you should expect the next rating to be made available sometime around August 22, 2024.

Is the Analyst Rating Wipro (WIT) correct?

While ratings are subjective and will change, the latest Wipro (WIT) rating was a initiated with a price target of $0.00 to $4.70. The current price Wipro (WIT) is trading at is $4.99, which is out of the analyst's predicted range.

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