4 analysts have expressed a variety of opinions on Transcat (NASDAQ:TRNS) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
2
2
0
0
0
Last 30D
1
1
0
0
0
1M Ago
0
0
0
0
0
2M Ago
1
1
0
0
0
3M Ago
0
0
0
0
0
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $141.25, along with a high estimate of $160.00 and a low estimate of $124.00. Observing a 14.84% increase, the current average has risen from the previous average price target of $123.00.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Transcat. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Martin Yang
Oppenheimer
Raises
Outperform
$160.00
$125.00
Scott Buck
HC Wainwright & Co.
Raises
Buy
$156.00
$124.00
Martin Yang
Oppenheimer
Raises
Outperform
$125.00
$120.00
Scott Buck
HC Wainwright & Co.
Maintains
Buy
$124.00
-
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Transcat. This insight gives a snapshot of analysts' perspectives on the current state of the company.
Rating: Providing ...Full story available on Benzinga.com
Benzinga
