JPMorgan has revised its outlook on Logitech (LOGI, Financial), reducing the company's price target from $96 to $80, while maintaining a Neutral rating on the stock. This adjustment arises from updated assessments of the hardware and networking sectors, particularly considering the wider economic uncertainties fueled by ongoing tariff issues.
The financial institution's analysis now incorporates expectations of a general economic slowdown, which is predicted to dampen demand across various customer segments. Both consumer and enterprise sectors, including telecommunications, are anticipated to experience moderated demand as the macroeconomic landscape remains uncertain.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Logitech International SA (LOGI, Financial) is $87.27 with a high estimate of $113.00 and a low estimate of $70.00. The average target implies an upside of 24.44% from the current price of $70.13. More detailed estimate data can be found on the Logitech International SA (LOGI) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Logitech International SA's (LOGI, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Logitech International SA (LOGI, Financial) in one year is $72.02, suggesting a upside of 2.69% from the current price of $70.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Logitech International SA (LOGI) Summary page.
