Drew Ranieri, analyst at Morgan Stanley, reiterates coverage on Stevanato Group SpA (STVN) in the Basic Material sector with a Buy rating. TipRanks.com has Ranieri rated as a 1 star analyst with a -3% return on investment and a 27% success rate. Ranieri has set a price target of $26.00 .
TipRanks.com reports that STVN currently has 7 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $25.29 . The target pricing ranges from a high forecast of $27.00 down to a low forecast of $22.00 .
STVN’s last closing price was $20.52 which would put the average price target at 23.25% upside.
In addition, TradingView issued a Neutral rating for STVN over the next month.
Remember, securities are volatile, so please do your own research on STVN.
Other analysts covering STVN include:
- John Sourbeer of UBS issued a hold with the price target of $22 on August 9th
- Juan Avendano of Bank of America Securities issued a buy rate with the price target of 26 on August 9th
- Paul Knight of KeyBanc issued a buy rate with the price target of 27 on August 9th
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