Global Partners LP (GLP)
NYSE: GLP · IEX Real-Time Price · USD
45.37
-0.72 (-1.56%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Global Partners LP Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Global Partners LP stock has a target of 44, which predicts a decrease of -3.02% from the current stock price of 45.37.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 27, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for GLP is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $40 → $44 | Strong Buy | Maintains | $40 → $44 | -3.02% | Dec 27, 2023 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $28 → $35 | Hold → Strong Buy | Upgrades | $28 → $35 | -22.86% | Nov 8, 2022 |
| Stifel | Stifel | Hold Maintains $24 → $26 | Hold | Maintains | $24 → $26 | -42.69% | Mar 1, 2022 |
| Barclays | Barclays | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Aug 9, 2021 |
| Stifel | Stifel | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 21, 2020 |
Financial Forecast
Revenue This Year
21.89B
from 16.49B
Increased by 32.74%
Revenue Next Year
25.74B
from 21.89B
Increased by 17.56%
EPS This Year
3.14
from 3.76
Decreased by -16.46%
EPS Next Year
4.14
from 3.14
Increased by 31.83%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 22.8B | 26.8B |
| Avg | 21.9B | 25.7B |
| Low | 21.2B | 25.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 38.0% | 22.2% |
| Avg | 32.7% | 17.6% |
| Low | 28.8% | 14.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.27 | 4.31 |
| Avg | 3.14 | 4.14 |
| Low | 3.05 | 4.02 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -13.2% | 37.1% |
| Avg | -16.5% | 31.8% |
| Low | -18.9% | 27.9% |
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.