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Analyst Ratings for Mohawk Industries

Benzinga ·  Dec 13, 2023 15:00

Mohawk Industries (NYSE:MHK) has observed the following analyst ratings within the last quarter:

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings10120
Last 30D00100
1M Ago00000
2M Ago10010
3M Ago00010

These 4 analysts have an average price target of $92.5 versus the current price of Mohawk Industries at $91.08, implying upside.

Below is a summary of how these 4 analysts rated Mohawk Industries over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average represents a 9.91% decrease from the previous average price target of $102.67.

Stay up to date on Mohawk Industries analyst ratings.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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