Encore Wire Corporation (WIRE) Social Stream
ENCORE WIRE CORP (WIRE) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering ENCORE WIRE CORP.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-28 | 2 | $150 | $150 | $150 | $213.6 | -29.78% |
| 2022-02-17 | 1 | $150 | $150 | $150 | $213.6 | -29.78% |
| 2022-05-02 | 1 | $175 | $175 | $175 | $213.6 | -18.07% |
| 2022-07-27 | 1 | $190 | $190 | $190 | $213.6 | -11.05% |
| 2022-10-26 | 1 | $200 | $200 | $200 | $213.6 | -6.37% |
| 2023-04-27 | 1 | $250 | $250 | $250 | $213.6 | 17.04% |
| 2023-07-27 | 2 | $240 | $240 | $240 | $213.6 | 12.36% |
| 2023-10-26 | 2 | $240 | $235 | $237.5 | $213.6 | 11.19% |
The Trend in the Analyst Price Target
Over the past 26 months, WIRE's average price target has gone up $125.
WIRE reports an average of 39.95% for its upside potential over the past 36 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-16 | 1 | 250 | 250 | 250.0 | 197.87 | 26.35% |
| 2023-07-27 | 1 | 240 | 240 | 240.0 | 164.23 | 46.14% |
| 2023-07-27 | 2 | 240 | 240 | 240.0 | 164.23 | 46.14% |
| 2023-10-11 | 2 | 240 | 235 | 237.5 | 191.29 | 24.16% |
| 2023-10-26 | 2 | 240 | 235 | 237.5 | 177.22 | 34.01% |
WIRE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 2 | 0 | 0 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 15 months, WIRE's average broker recommendation rating improved by 0.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- ENCORE WIRE CORP's variance in analysts' estimates is lower than 96.13% of all US stocks.
- ENCORE WIRE CORP's number of analysts covering the stock is greater than 8.49% of all US stocks.
- WIRE has a higher average analyst price target than 890.72% of Steel Works Etc stocks.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, ENCORE WIRE CORP's upside potential (average analyst target price relative to current price) is greater than 225.34% of them.
In the Steel Works Etc industry, KALU, MLI, and GSM are the three stocks most similar to ENCORE WIRE CORP regarding the price target and analyst recommendation information presented here.
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