Berkshire Hathaway Analyst Sentiment Mixed Post-Buffett Transition, Median Price Target Suggests Flat Returns

Following Warren Buffett’s retirement and Greg Abel’s ascension to CEO, Wall Street analysts show mixed sentiment toward Berkshire Hathaway, suggesting flat returns over the next 12 months.

• The majority of analysts (57%) rate the stock a Hold, with 29% rating it a Buy and 14% a Sell.
• The median price target for the B shares is $481.
• Investors are seeking clarity on CEO Greg Abel’s strategy, especially concerning the deployment of the company's record $382 billion cash hoard.