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Montrose Environmental Gr

MEGNYSE
Logo brought to you by Benzinga Data
$16.54
0.412.54%
At close: -
$16.54
0.000.00%
After Hours: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$47.00
Lowest Price Target1
$29.00
Consensus Price Target1
$38.63

Montrose Environmental Gr (NYSE:MEG) Stock, Analyst Ratings, Price Targets, Forecasts

Montrose Environmental Group Inc has a consensus price target of $38.63 based on the ratings of 8 analysts. The high is $47 issued by Morgan Stanley on December 14, 2022. The low is $29 issued by JP Morgan on November 8, 2024. The 3 most-recent analyst ratings were released by Stifel, JP Morgan, and Needham on December 11, 2024, November 8, 2024, and November 8, 2024, respectively. With an average price target of $37 between Stifel, JP Morgan, and Needham, there's an implied 123.70% upside for Montrose Environmental Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
2
Aug
2
Oct
1
2
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
JP Morgan
Needham
B of A Securities
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Montrose Environmental Gr

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Montrose Environmental Gr (MEG) stock?

A

The latest price target for Montrose Environmental Gr (NYSE:MEG) was reported by Stifel on December 11, 2024. The analyst firm set a price target for $38.00 expecting MEG to rise to within 12 months (a possible 129.75% upside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Montrose Environmental Gr (MEG)?

A

The latest analyst rating for Montrose Environmental Gr (NYSE:MEG) was provided by Stifel, and Montrose Environmental Gr maintained their buy rating.

Q

When was the last upgrade for Montrose Environmental Gr (MEG)?

A

The last upgrade for Montrose Environmental Group Inc happened on November 9, 2023 when JP Morgan raised their price target to $41. JP Morgan previously had a neutral for Montrose Environmental Group Inc.

Q

When was the last downgrade for Montrose Environmental Gr (MEG)?

A

The last downgrade for Montrose Environmental Group Inc happened on November 8, 2024 when JP Morgan changed their price target from $48 to $29 for Montrose Environmental Group Inc.

Q

When is the next analyst rating going to be posted or updated for Montrose Environmental Gr (MEG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Montrose Environmental Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Montrose Environmental Gr was filed on December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.

Q

Is the Analyst Rating Montrose Environmental Gr (MEG) correct?

A

While ratings are subjective and will change, the latest Montrose Environmental Gr (MEG) rating was a maintained with a price target of $41.00 to $38.00. The current price Montrose Environmental Gr (MEG) is trading at is $16.54, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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