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Sovos Brands (SOVO)
NASDAQ:SOVO
Holding SOVO?
Track your performance easily
See the Price Targets and Ratings of:
SOVO Analyst Ratings
Moderate Buy
1 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SOVO Stock 12 Month Forecast
Average Price Target
$23.00
▲(0.09% Upside)
| Highest Price Target$23.00 | Average Price Target$23.00 | Lowest Price Target$23.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Piper Sandler
Reiterated
02/29/24
Stifel Nicolaus
Reiterated
02/29/24
Telsey Advisory
Upgraded
02/29/24
Barclays
Reiterated
08/09/23
Stephens
Downgraded
08/08/23
J.P. Morgan
Downgraded
08/07/23
William Blair
Downgraded
08/07/23
Needham
Downgraded
08/07/23
Loop Capital Markets
Reiterated
05/11/23
Bank of America Securities
$21
Buy
-8.62%
Downside
Reiterated
05/11/23
Analysts Offer Insights on Consumer Goods Companies: Sovos Brands (NASDAQ: SOVO), Hermes International (Other OTC: HESAF) and Xos (NASDAQ: XOS)
Goldman Sachs
$22
Buy
-4.26%
Downside
Reiterated
05/11/23
Goldman Sachs Sticks to Their Buy Rating for Sovos Brands (SOVO)
Best Analysts Covering Sovos Brands
Which Analyst Should I Follow If I Want to Buy SOVO and Sell After:
1 Month
xxx
Success Rate
6/6 ratings generated profit
Average Return
+16.82%
upgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +16.82% per trade.
3 Months
xxx
Success Rate
4/6 ratings generated profit
Average Return
+9.10%
upgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +9.10% per trade.
1 Year
Success Rate
7/9 ratings generated profit
Average Return
+15.12%
reiterated a buy rating a year ago
Copying Andrew Lazar's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +15.12% per trade.
2 Years
xxx
Success Rate
6/6 ratings generated profit
Average Return
+51.57%
upgraded a xxx
rating 10 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +51.57% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SOVO Analyst Recommendation Trends
Rating
Jun 23
Jul 23
Aug 23
Nov 23
Feb 24
Strong Buy
0
0
0
0
0
Buy
15
13
3
1
2
Hold
1
1
8
10
12
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
16
14
11
11
14
Each month's total comprises the sum of three months' worth of ratings.
SOVO Financial Forecast
SOVO Stock Forecast FAQ
What is SOVO’s average 12-month price target, according to analysts?
Based on analyst ratings, Sovos Brands’s 12-month average price target is $23.00.
What is SOVO’s upside potential, based on the analysts’ average price target?
Sovos Brands has 0.09% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SOVO a Buy, Sell or Hold?
Sovos Brands has a consensus rating of Moderate Buy which is based on 1 buy ratings, 2 hold ratings and 0 sell ratings.
What is Sovos Brands’s price target?
The average price target for Sovos Brands is $23.00. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $23.00 ,the lowest forecast is $23.00. The average price target represents 0.09% Increase from the current price of $22.98.
The highest analyst price target is $23.00 ,the lowest forecast is $23.00. The average price target represents 0.09% Increase from the current price of $22.98.
What do analysts say about Sovos Brands?
Sovos Brands’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of SOVO?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.