Analysts have raised their price target for Monro from $16.00 to $17.33, citing higher projected revenue growth and a slightly lower discount rate as key factors in the adjustment.
Valuation Changes
- Fair Value Target increased from $16.00 to $17.33, reflecting a higher expected valuation for Monro.
- Discount Rate decreased slightly from 10.95% to 10.71%, indicating a modest reduction in perceived risk.
- Revenue Growth projection rose from 1.02% to 1.05%, indicating slightly higher anticipated sales growth.
- Net Profit Margin estimate edged down marginally from 5.02% to 5.01%.
- Future P/E Ratio increased from 10.52x to 11.35x, suggesting a higher valuation expectation among analysts.
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