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Itaú Unibanco (ITUB) Stock Forecast & Price Target

$5.99
-0.08 (-1.32%)
(As of 05/31/2024 ET)

Itaú Unibanco - 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

Hold
Based on 3 Analyst Ratings

Consensus Price Target

$7.05
17.70% Upside
High Forecast$8.00
Average Forecast$7.05
Low Forecast$6.10
TypeCurrent Forecast
6/3/23 to 6/2/24
1 Month Ago
5/4/23 to 5/3/24
3 Months Ago
3/5/23 to 3/4/24
1 Year Ago
6/3/22 to 6/3/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$7.05$7.05$7.05$7.00
Forecasted Upside17.70% Upside15.01% Upside15.01% Upside39.17% Upside
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ITUB 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.
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ITUB 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.
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Itaú Unibanco Stock vs. The Competition

TypeItaú UnibancoFinance CompaniesS&P 500
Consensus Rating Score
2.33
2.44
2.49
Consensus RatingHoldHoldHold
Predicted Upside17.70% Upside59.03% Upside9.98% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/16/2024Bank of America
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 UpgradeNeutral ➝ Buy$8.00+16.79%
1/8/2024HSBC
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 DowngradeBuy ➝ Hold
10/16/2023Jefferies Financial Group
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 Initiated CoverageHold$6.10+12.75%
5/19/2023Morgan Stanley
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 DowngradeOverweight ➝ Equal Weight
11/15/2022Barclays
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 UpgradeEqual Weight ➝ Overweight$5.50 ➝ $7.00+41.41%
10/5/2022Scotiabank
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 UpgradeSector Perform ➝ Outperform
9/29/2022The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$5.40 ➝ $7.00+36.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:35 AM ET.

ITUB Frequently Asked Questions

What is Itaú Unibanco's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Itaú Unibanco is $7.05, with a high forecast of $8.00 and a low forecast of $6.10. The consensus rating for Itaú Unibanco stock is Hold based on the current 2 hold ratings and 1 buy rating for ITUB. Learn more on ITUB's analyst rating history.

Do Wall Street analysts like Itaú Unibanco more than its competitors?

Analysts like Itaú Unibanco less than other "finance" companies. The consensus rating score for Itaú Unibanco is 2.33 while the average consensus rating score for "finance" companies is 2.44. Learn more on how ITUB compares to other companies.

Does Itaú Unibanco's stock price have much upside?

According to analysts, Itaú Unibanco's stock has a predicted upside of 15.01% based on their 12-month stock forecasts.


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This page (NYSE:ITUB) was last updated on 6/2/2024 by MarketBeat.com Staff

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