Sovos Brands, Inc. (SOVO) Social Stream
SOVOS BRANDS INC (SOVO) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering SOVOS BRANDS INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-23 | 9 | $20 | $16 | $18 | $22.19 | -18.88% |
| 2022-03-06 | 9 | $20 | $16 | $17.875 | $22.19 | -19.45% |
| 2022-03-16 | 9 | $20 | $16 | $17.75 | $22.19 | -20.01% |
| 2022-03-21 | 9 | $20 | $16 | $17.625 | $22.19 | -20.57% |
| 2022-08-05 | 9 | $20 | $16 | $17.444 | $22.19 | -21.39% |
| 2022-08-11 | 10 | $20 | $16 | $17.444 | $22.19 | -21.39% |
| 2022-09-19 | 10 | $20 | $16 | $17.666 | $22.19 | -20.39% |
| 2022-10-07 | 4 | $20 | $16 | $17.428 | $22.19 | -21.46% |
| 2022-10-31 | 5 | $20 | $16 | $17.428 | $22.19 | -21.46% |
| 2022-11-03 | 7 | $20 | $16 | $17.428 | $22.19 | -21.46% |
| 2022-11-07 | 8 | $20 | $16 | $17.285 | $22.19 | -22.1% |
| 2022-11-08 | 8 | $20 | $16 | $17.428 | $22.19 | -21.46% |
| 2022-12-08 | 8 | $20 | $16 | $17.428 | $22.19 | -21.46% |
| 2023-01-26 | 8 | $20 | $16 | $17.285 | $22.19 | -22.1% |
| 2023-03-07 | 8 | $18 | $16 | $16.857 | $22.19 | -24.03% |
| 2023-03-09 | 8 | $18 | $16 | $17.285 | $22.19 | -22.1% |
| 2023-03-13 | 8 | $18 | $16 | $17.428 | $22.19 | -21.46% |
| 2023-03-28 | 7 | $19 | $16 | $17.833 | $22.19 | -19.63% |
| 2023-04-14 | 8 | $19 | $16 | $18 | $22.19 | -18.88% |
| 2023-04-17 | 9 | $20 | $16 | $18.375 | $22.19 | -17.19% |
| 2023-05-04 | 9 | $20 | $16 | $18.625 | $22.19 | -16.07% |
| 2023-05-11 | 10 | $24 | $16 | $20.222 | $22.19 | -8.87% |
| 2023-05-15 | 11 | $24 | $16 | $21 | $22.19 | -5.36% |
| 2023-05-31 | 10 | $24 | $16 | $21.055 | $22.19 | -5.11% |
| 2023-06-23 | 11 | $24 | $16 | $21.25 | $22.19 | -4.24% |
| 2023-08-07 | 11 | $24 | $16 | $21.35 | $22.19 | -3.79% |
| 2023-08-08 | 11 | $24 | $16 | $22.15 | $22.19 | -0.18% |
| 2023-11-06 | 11 | $24 | $21 | $22.85 | $22.19 | 2.97% |
| 2023-12-01 | 11 | $24 | $21 | $22.85 | $22.19 | 2.97% |
The Trend in the Analyst Price Target
Over the past 29 weeks, SOVO's average price target has gone up $3.73.
Over the past 45 weeks, SOVO's average upside potential has been 11.96%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-09 | 8 | 18 | 16 | 17.285 | 14.00 | 23.46% |
| 2023-03-28 | 7 | 19 | 16 | 17.833 | 16.70 | 6.78% |
| 2023-04-14 | 8 | 19 | 16 | 18.000 | 17.38 | 3.57% |
| 2023-05-04 | 9 | 20 | 16 | 18.625 | 17.75 | 4.93% |
| 2023-08-07 | 11 | 24 | 16 | 21.350 | 22.56 | -5.36% |
SOVO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.45 | 3 | 0 | 8 | 0 | 0 | 11 |
The Trend in the Broker Recommendations
SOVO's average broker recommendation rating worsened by 1.18 over the prior 26 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of all US stocks, SOVOS BRANDS INC's upside potential (average analyst target price relative to current price) is higher than 453.43% of them.
- To contextualize these metrics, consider that out of Food Products stocks, SOVOS BRANDS INC's average analyst price target is greater than 634.58% of them.
- In the context of stocks in the mid market cap category, SOVOS BRANDS INC's variance in analysts' estimates is lower than -812.95% of them.
- SOVO has a greater number of analysts covering the stock than 2320.85% of stocks in the mid market cap category.
In terms of price targets and recommendations offered by analysts, the stocks in the Food Products industry with the ratings most similar to SOVOS BRANDS INC are FRPT, POST, and JJSF.
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