| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/23/2022 | 48.98% | Truist Securities | $80 → $65 | Maintains | Buy |
| 08/26/2022 | 48.98% | DA Davidson | → $65 | Initiates Coverage On | → Neutral |
| 08/01/2022 | 55.86% | Keybanc | $65 → $68 | Maintains | Overweight |
| 05/05/2022 | 113.16% | MKM Partners | → $93 | Initiates Coverage On | → Buy |
| 04/12/2022 | 71.9% | Truist Securities | → $75 | Initiates Coverage On | → Buy |
| 04/04/2022 | 37.52% | B of A Securities | → $60 | Initiates Coverage On | → Underperform |
| 10/26/2021 | 106.28% | Keybanc | $102 → $90 | Maintains | Overweight |
| 04/30/2021 | 138.37% | Baird | $88 → $104 | Maintains | Outperform |
| 08/17/2020 | 60.44% | Wells Fargo | $55 → $70 | Maintains | Equal-Weight |
| 07/31/2020 | 101.7% | B of A Securities | $74 → $88 | Upgrades | Neutral → Buy |
| 07/31/2020 | 76.48% | Keybanc | $75 → $77 | Maintains | Overweight |
| 07/16/2020 | 69.61% | B of A Securities | $34 → $74 | Upgrades | Underperform → Neutral |
| 06/10/2020 | 71.9% | Keybanc | $47 → $75 | Maintains | Overweight |
| 05/21/2020 | 35.23% | Sidoti & Co. | $51 → $59 | Maintains | Buy |
| 05/04/2020 | 7.72% | Keybanc | $45 → $47 | Maintains | Overweight |
| 04/14/2020 | 3.14% | Keybanc | $55 → $45 | Maintains | Overweight |
| 03/26/2020 | 21.48% | Sidoti & Co. | $74 → $53 | Maintains | Buy |
| 02/14/2020 | 71.9% | Keybanc | $60 → $75 | Maintains | Overweight |
| 09/04/2019 | -17.49% | B of A Securities | $51 → $36 | Maintains | Underperform |
| 04/26/2019 | — | B of A Securities | Downgrades | Buy → Underperform | |
| 04/15/2019 | 37.52% | Keybanc | $55 → $60 | Maintains | Overweight |
| 03/26/2019 | — | B of A Securities | Reinstates | → Buy | |
| 02/27/2019 | 12.31% | Wells Fargo | $30 → $49 | Maintains | Market Perform |
| 10/23/2018 | 85.65% | Sidoti & Co. | $90 → $81 | Maintains | Buy |
| 04/10/2018 | 51.27% | Wells Fargo | $75 → $66 | Maintains | Market Perform |
| 03/15/2018 | 94.82% | B of A Securities | $82 → $85 | Maintains | Buy |
| 01/24/2018 | 83.36% | B of A Securities | $75 → $80 | Maintains | Buy |
| 12/15/2017 | 83.36% | Keybanc | → $80 | Initiates Coverage On | → Overweight |
| 10/24/2017 | 113.16% | B of A Securities | $85 → $93 | Maintains | Buy |
Patrick Industries Questions & Answers
The latest price target for Patrick Industries (NASDAQ: PATK) was reported by Truist Securities on September 23, 2022. The analyst firm set a price target for $65.00 expecting PATK to rise to within 12 months (a possible 48.98% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Patrick Industries (NASDAQ: PATK) was provided by Truist Securities, and Patrick Industries maintained their buy rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Patrick Industries, 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 Patrick Industries was filed on September 23, 2022 so you should expect the next rating to be made available sometime around September 23, 2023.
While ratings are subjective and will change, the latest Patrick Industries (PATK) rating was a maintained with a price target of $80.00 to $65.00. The current price Patrick Industries (PATK) is trading at is $43.63, which is out of the analyst's predicted range.