Highest Price Target1
Lowest Price Target1
Consensus Price Target1
Analyst Rating Summary1
| Buy | Overweight | Hold | Underweight | Sell |
|---|---|---|---|---|
| 0 | 0 | 0 | 1 | 0 |
Analyst Firms Making Recommendations1
- Morgan Stanley
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for MGE Energy
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/21/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -16.73% | Morgan Stanley | Stephen Byrd | $61 → $62 | Maintains | Underweight | Get Alert |
| 10/25/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -18.07% | Morgan Stanley | Stephen Byrd | $65 → $61 | Maintains | Underweight | Get Alert |
| 09/21/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -12.7% | Morgan Stanley | Stephen Byrd | $63 → $65 | Maintains | Underweight | Get Alert |
| 08/23/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -15.39% | Morgan Stanley | Stephen Byrd | $67 → $63 | Maintains | Underweight | Get Alert |
| 07/21/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -10.01% | Morgan Stanley | Stephen Byrd | $68 → $67 | Maintains | Underweight | Get Alert |
| 06/23/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -8.67% | Morgan Stanley | Stephen Byrd | $70 → $68 | Maintains | Underweight | Get Alert |
| 05/22/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -5.98% | Morgan Stanley | Stephen Byrd | $72 → $70 | Maintains | Underweight | Get Alert |
| 04/20/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -3.3% | Morgan Stanley | Stephen Byrd | $68 → $72 | Maintains | Underweight | Get Alert |
| 03/21/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -8.67% | Morgan Stanley | Stephen Byrd | $72 → $68 | Maintains | Underweight | Get Alert |
| 02/22/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -3.3% | Morgan Stanley | Stephen Byrd | $68 → $72 | Maintains | Underweight | Get Alert |
| 01/30/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -8.67% | Morgan Stanley | Stephen Byrd | $67 → $68 | Maintains | Underweight | Get Alert |
| 01/23/2023 | MGEE | Buy Now | MGE Energy | $74.45 | -10.01% | Morgan Stanley | Stephen Byrd | $66 → $67 | Maintains | Underweight | Get Alert |
| 12/15/2022 | MGEE | Buy Now | MGE Energy | $74.45 | -11.36% | Morgan Stanley | Stephen Byrd | $63 → $66 | Maintains | Underweight | Get Alert |
| 11/11/2022 | MGEE | Buy Now | MGE Energy | $74.45 | -15.39% | Morgan Stanley | Stephen Byrd | $59 → $63 | Maintains | Underweight | Get Alert |
| 10/21/2022 | MGEE | Buy Now | MGE Energy | $74.45 | -20.76% | Morgan Stanley | Stephen Byrd | $75 → $59 | Maintains | Underweight | Get Alert |
| 09/22/2022 | MGEE | Buy Now | MGE Energy | $74.45 | 0.73% | Morgan Stanley | Stephen Byrd | $77 → $75 | Maintains | Underweight | Get Alert |
| 08/23/2022 | MGEE | Buy Now | MGE Energy | $74.45 | 3.42% | Morgan Stanley | Stephen Byrd | $72 → $77 | Maintains | Underweight | Get Alert |
| 07/21/2022 | MGEE | Buy Now | MGE Energy | $74.45 | -3.3% | Morgan Stanley | Stephen Byrd | $67 → $72 | Maintains | Underweight | Get Alert |
| 05/23/2022 | MGEE | Buy Now | MGE Energy | $74.45 | -0.61% | Morgan Stanley | Stephen Byrd | $77 → $74 | Maintains | Underweight | Get Alert |
What is the target price for MGE Energy (MGEE)?
The latest price target for MGE Energy (NASDAQ: MGEE) was reported by Morgan Stanley on November 21, 2023. The analyst firm set a price target for $62.00 expecting MGEE to fall to within 12 months (a possible -16.73% downside). 13 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MGE Energy (MGEE)?
The latest analyst rating for MGE Energy (NASDAQ: MGEE) was provided by Morgan Stanley, and MGE Energy maintained their underweight rating.
When is the next analyst rating going to be posted or updated for MGE Energy (MGEE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGE Energy, 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 MGE Energy was filed on November 21, 2023 so you should expect the next rating to be made available sometime around November 21, 2024.
Is the Analyst Rating MGE Energy (MGEE) correct?
While ratings are subjective and will change, the latest MGE Energy (MGEE) rating was a maintained with a price target of $61.00 to $62.00. The current price MGE Energy (MGEE) is trading at is $74.46, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.