Forrester Research, Inc. (FORR) Social Stream



Forrester Research, Inc. (FORR): $16.69

0.60 (+3.73%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

B

FORRESTER RESEARCH INC (FORR) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering FORR.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-28 2 $54 $54 $54 $26.12 106.74%
2022-07-29 2 $65 $65 $65 $26.12 148.85%
2022-11-10 1 $48 $48 $48 $26.12 83.77%
2023-02-06 2 $48 $48 $48 $26.12 83.77%
2023-02-13 2 $39 $39 $39 $26.12 49.31%
2023-05-15 2 $32 $32 $32 $26.12 22.51%
2023-07-24 2 $36 $32 $34 $26.12 30.17%
2023-10-12 2 $37 $36 $36.5 $26.12 39.74%
2023-10-27 2 $37 $28 $32.5 $26.12 24.43%

The Trend in the Analyst Price Target


FORR's average price target has moved down $37 over the prior 18 months.

FORR reports an average of 18.58% for its upside potential over the past 38 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-06 2 48 48 48.0 38.60 24.35%
2023-05-15 2 32 32 32.0 25.77 24.18%
2023-07-24 2 36 32 34.0 31.90 6.58%
2023-07-31 2 37 36 36.5 31.87 14.53%
2023-10-27 2 37 28 32.5 25.16 29.17%

FORR Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 1 0 1 0 0 2

The Trend in the Broker Recommendations


Over the past 48 weeks, FORR's average broker recommendation rating improved by 1.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for FORR as an investment opportunity.

  • In the context of all US stocks, FORRESTER RESEARCH INC's number of analysts covering the stock is higher than 25.38% of them.
  • To contextualize these metrics, consider that out of all US stocks, FORRESTER RESEARCH INC's variance in analysts' estimates is lower than 60.54% of them.
  • In terms of how FORRESTER RESEARCH INC fares relative to stocks in the small market cap category, note that its average analyst price target is higher than 834.29% of that group.
  • FORR has a greater upside potential (average analyst target price relative to current price) than 739.32% of Industrials stocks.

Stocks similar to FORRESTER RESEARCH INC in the Business Services industry regarding analyst recommendations and price targets are LIZI, KLDI, and PT.

Make investment decisions regarding FORR using the data that counts. Try POWR Ratings for free.


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