Qiagen (QGEN) Stock Forecast & Price Target

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$43.75

+0.02 (+0.05%)

(As of 06/18/2024 ET)

Qiagen - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Consensus Price Target

$51.17
16.96% Upside

High Forecast	$60.00
Average Forecast	$51.17
Low Forecast	$43.30

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$51.17	$50.95	$51.69	$56.70
Forecasted Upside	16.96% Upside	19.23% Upside	20.82% Upside	13.24% Upside

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QGEN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

QGEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Qiagen Stock vs. The Competition

Type	Qiagen	Medical Companies	S&P 500
Consensus Rating Score	2.56	2.70	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	16.96% Upside	1,068.21% Upside	11.31% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$52.00 ➝ $54.00	+22.42%
5/1/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$55.00 ➝ $45.00	+6.31%
2/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$49.48 ➝ $51.00	+19.38%
2/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$61.86 ➝ $60.00	+36.36%
12/19/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$45.36	+3.87%
12/13/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
12/7/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$51.55	+20.61%
11/2/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$49.48 ➝ $43.30	+9.92%
9/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$65.98 ➝ $58.76	+43.61%
9/11/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$51.55	+17.79%
11/11/2022	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		€55.58 ➝ €56.29
11/8/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Brackmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
10/10/2022	Oddo Bhf Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:11 AM ET.

QGEN Forecast - Frequently Asked Questions

What is Qiagen's stock forecast and purchase recommendation?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Qiagen is $51.17, with a high forecast of $60.00 and a low forecast of $43.30. The consensus rating for Qiagen stock is Moderate Buy based on the current 4 hold ratings and 5 buy ratings for QGEN. Learn more on QGEN's analyst rating history.
Do Wall Street analysts like Qiagen more than its competitors?: Analysts like Qiagen less than other "medical" companies. The consensus rating score for Qiagen is 2.56 while the average consensus rating score for "medical" companies is 2.70. Learn more on how QGEN compares to other companies.
Does Qiagen's stock price have much upside?: According to analysts, Qiagen's stock has a predicted upside of 19.76% based on their 12-month stock forecasts.