ICON PLC Stock Target Price and Analyst Consensus
| ICLR Stock | USD 308.31 8.23 2.74% |
The current analyst and expert consensus on ICON PLC is Strong Buy, with 12 strong buy opinions. The current projected ICON PLC target price consensus is 278.79 with 15 analyst opinions. The most common way ICON PLC analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview ICON PLC executives and customers to further validate their buy or sell advice. ICON PLC buy-or-sell recommendation module provides average expert sentiment on the projected ICON PLC target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on ICON PLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.
Lowest Forecast 253.7 | Highest Forecast 309.46 | Target Price 278.79 |
ICON |
It's important to approach ICON PLC's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
ICON PLC Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ICON target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. ICON PLC's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 15 | Strong Buy |
Most ICON analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand ICON stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of ICON PLC, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationICON PLC Target Price Projection
ICON PLC's current and average target prices are 308.31 and 278.79, respectively. The current price of ICON PLC is the price at which ICON PLC is currently trading. On the other hand, ICON PLC's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
ICON PLC Market Quote on 29th of April 2024
Target Price
Analyst Consensus On ICON PLC Target Price
ICON PLC Analyst Ratings
ICON PLC's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about ICON PLC stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of ICON PLC's financials, market performance, and future outlook by experienced professionals. ICON PLC's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize ICON PLC price targets
ICON PLC's stock target price is an estimate of its future price, usually made by analysts. Using ICON PLC's target price to determine if it is a suitable investment can be done through the following steps:- Look at ICON PLC's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if ICON PLC's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional ICON PLC Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of ICON PLC is a key component of ICON PLC valuation and have some predictive power on the future returns of a ICON PLC.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ICON PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Driverless Cars Invested over 200 shares | |
 | Social Domain Invested few shares | |
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Check out Macroaxis Advice on ICON PLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in ICON Stock, please use our How to Invest in ICON PLC guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for ICON Stock analysis
When running ICON PLC's price analysis, check to measure ICON PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.
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The data published in ICON PLC's official financial statements usually reflect ICON PLC's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of ICON PLC. For example, before you start analyzing numbers published by ICON accountants, it's critical to develop an understanding of what ICON PLC's liquidity, profitability, and earnings quality are in the context of the Life Sciences Tools & Services space in which it operates.
Please note, the presentation of ICON PLC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ICON PLC's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in ICON PLC's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ICON PLC. Please utilize our Beneish M Score to check the likelihood of ICON PLC's management manipulating its earnings.