PHINIA Inc (Symbol: PHIN) saw its shares rise to $48.95, surpassing the average analyst 12-month target price of $48.80 on recent trading. The stock’s movement prompts analysts to consider lowering their valuation or adjusting their price targets. Currently, the Zacks coverage universe shows five analysts contributing to this target, with estimates ranging from $45.00 to $55.00, and a standard deviation of $4.44.
Recent analyst ratings for PHINIA indicate two “Strong Buy” ratings, three “Hold” ratings, and zero “Sell” ratings. The average rating across these analysts is 2.2 on a scale where 1 represents “Strong Buy” and 5 indicates “Strong Sell.” The ratings have remained mostly stable over the past three months, with slight variations in the number of “Hold” ratings.
