Broadridge Financial Solutions, Inc. (BR)
NYSE: BR · IEX Real-Time Price · USD
192.98
-0.47 (-0.24%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Broadridge Financial Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BR stock have an average target of 206.67, with a low estimate of 180 and a high estimate of 239. The average target predicts an increase of 7.09% from the current stock price of 192.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Broadridge Financial stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $185 | Hold | Maintains | $185 | -4.14% | Apr 10, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $230 | Buy | Maintains | $230 | +19.18% | Mar 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $212 → $239 | Buy | Maintains | $212 → $239 | +23.85% | Feb 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $205 → $214 | Buy | Maintains | $205 → $214 | +10.89% | Feb 2, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $190 → $212 | Buy | Maintains | $190 → $212 | +9.86% | Dec 8, 2023 |
Financial Forecast
Revenue This Year
6.76B
from 6.06B
Increased by 11.49%
Revenue Next Year
7.13B
from 6.76B
Increased by 5.58%
EPS This Year
7.97
from 5.30
Increased by 50.44%
EPS Next Year
8.80
from 7.97
Increased by 10.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9B | 7.3B | 7.7B | 8.0B | 8.4B |
| Avg | 6.8B | 7.1B | 7.5B | 7.8B | 8.2B |
| Low | 6.4B | 6.7B | 7.1B | 7.4B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3% | 8.3% | 8.3% | 6.3% | 7.1% |
| Avg | 11.5% | 5.6% | 5.3% | 3.9% | 5.0% |
| Low | 5.7% | -0.6% | -1.1% | -1.5% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.19 | 9.14 | 10.07 | 10.71 | 11.76 |
| Avg | 7.97 | 8.80 | 9.67 | 10.45 | 11.33 |
| Low | 7.52 | 8.18 | 9.07 | 9.90 | 10.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.5% | 14.6% | 14.5% | 10.7% | 12.5% |
| Avg | 50.4% | 10.3% | 10.0% | 8.1% | 8.4% |
| Low | 41.8% | 2.6% | 3.1% | 2.3% | 1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.