Montrose Environmental Gr
(NYSE:MEG)
$47.41
2.90[6.52%]
At close: May 6
$47.41
0[0.00%]
After Hours: 5:43PM EDT
Q1 2024 earnings tomorrow on Tue May 7th after the market close
Consensus Rating1
Buy
Highest Price Target1
$54.00
Lowest Price Target1
$36.00
Consensus Price Target1
$39.71

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

Montrose Environmental Group Inc has a consensus price target of $39.71, established from looking at the 31 latest analyst ratings. The last 3 analyst ratings were released from Needham, Stifel, and Stifel on April 4, 2024, April 3, 2024, and March 1, 2024. With an average price target of $51 between Needham, Stifel, and Stifel, there's an implied 7.57% upside for Montrose Environmental Group Inc from these 3 analyst ratings.

Analyst Trend
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Nov 23
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Apr
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Analyst Rating
12345
2.9
Hold
Strong Buy
Buy
Hold
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Strong Sell

Analyst Firms Making Recommendations1

Needham
Stifel
JP Morgan
Stifel
Morgan Stanley

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Montrose Environmental Gr

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FAQ

Q

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

A

The latest price target for Montrose Environmental Gr (NYSE: MEG) was reported by Needham on April 4, 2024. The analyst firm set a price target for $54.00 expecting MEG to rise to within 12 months (a possible 13.90% upside). 15 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 Needham, and Montrose Environmental Gr reiterated 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 March 2, 2023 when JP Morgan changed their price target from N/A to $39 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 April 4, 2024 so you should expect the next rating to be made available sometime around April 4, 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 reiterated with a price target of $0.00 to $54.00. The current price Montrose Environmental Gr (MEG) is trading at is $47.41, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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