The decrease in Watsco’s consensus analyst price target is primarily driven by a modest reduction in its future P/E multiple, with fair value now set at $453.40.
Valuation Changes
Summary of Valuation Changes for Watsco
- The Consensus Analyst Price Target has fallen slightly from $464.45 to $453.40.
- The Future P/E for Watsco has fallen slightly from 29.28x to 28.49x.
- The Consensus Revenue Growth forecasts for Watsco remained effectively unchanged, at 6.5% per annum.
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