MGE Energy Inc
(NASDAQ:MGEE)
The dividend Ex-Date was 6 days ago
$74.455
0.135[0.18%]
Last update: 1:45PM (Delayed 15-Minutes)
Get Real Time Here
$74.32
-0.1350[-0.18%]
After-Hours
Open74.730Close-
Vol / Avg.42.933K / 79.607KMkt Cap2.693B
Day Range73.770 - 74.73052 Wk Range65.100 - 83.270

MGE Energy Stock (NASDAQ:MGEE), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Equal-Weight

Highest Price Target1

$73.00

Lowest Price Target1

$62.00

Consensus Price Target1

$67.50

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
00010

Analyst Firms Making Recommendations1

  • Morgan Stanley

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for MGE Energy

Upgrades (0)

Downgrades (1)

Initiations (0)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
11/21/2023MGEEBuy Now
MGE Energy
$74.45-16.73%Morgan Stanley
Stephen Byrd
$61 → $62MaintainsUnderweightGet Alert
10/25/2023MGEEBuy Now
MGE Energy
$74.45-18.07%Morgan Stanley
Stephen Byrd
$65 → $61MaintainsUnderweightGet Alert
09/21/2023MGEEBuy Now
MGE Energy
$74.45-12.7%Morgan Stanley
Stephen Byrd
$63 → $65MaintainsUnderweightGet Alert
08/23/2023MGEEBuy Now
MGE Energy
$74.45-15.39%Morgan Stanley
Stephen Byrd
$67 → $63MaintainsUnderweightGet Alert
07/21/2023MGEEBuy Now
MGE Energy
$74.45-10.01%Morgan Stanley
Stephen Byrd
$68 → $67MaintainsUnderweightGet Alert
06/23/2023MGEEBuy Now
MGE Energy
$74.45-8.67%Morgan Stanley
Stephen Byrd
$70 → $68MaintainsUnderweightGet Alert
05/22/2023MGEEBuy Now
MGE Energy
$74.45-5.98%Morgan Stanley
Stephen Byrd
$72 → $70MaintainsUnderweightGet Alert
04/20/2023MGEEBuy Now
MGE Energy
$74.45-3.3%Morgan Stanley
Stephen Byrd
$68 → $72MaintainsUnderweightGet Alert
03/21/2023MGEEBuy Now
MGE Energy
$74.45-8.67%Morgan Stanley
Stephen Byrd
$72 → $68MaintainsUnderweightGet Alert
02/22/2023MGEEBuy Now
MGE Energy
$74.45-3.3%Morgan Stanley
Stephen Byrd
$68 → $72MaintainsUnderweightGet Alert
01/30/2023MGEEBuy Now
MGE Energy
$74.45-8.67%Morgan Stanley
Stephen Byrd
$67 → $68MaintainsUnderweightGet Alert
01/23/2023MGEEBuy Now
MGE Energy
$74.45-10.01%Morgan Stanley
Stephen Byrd
$66 → $67MaintainsUnderweightGet Alert
12/15/2022MGEEBuy Now
MGE Energy
$74.45-11.36%Morgan Stanley
Stephen Byrd
$63 → $66MaintainsUnderweightGet Alert
11/11/2022MGEEBuy Now
MGE Energy
$74.45-15.39%Morgan Stanley
Stephen Byrd
$59 → $63MaintainsUnderweightGet Alert
10/21/2022MGEEBuy Now
MGE Energy
$74.45-20.76%Morgan Stanley
Stephen Byrd
$75 → $59MaintainsUnderweightGet Alert
09/22/2022MGEEBuy Now
MGE Energy
$74.450.73%Morgan Stanley
Stephen Byrd
$77 → $75MaintainsUnderweightGet Alert
08/23/2022MGEEBuy Now
MGE Energy
$74.453.42%Morgan Stanley
Stephen Byrd
$72 → $77MaintainsUnderweightGet Alert
07/21/2022MGEEBuy Now
MGE Energy
$74.45-3.3%Morgan Stanley
Stephen Byrd
$67 → $72MaintainsUnderweightGet Alert
05/23/2022MGEEBuy Now
MGE Energy
$74.45-0.61%Morgan Stanley
Stephen Byrd
$77 → $74MaintainsUnderweightGet Alert
Q

What is the target price for MGE Energy (MGEE)?

A

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.

Q

What is the most recent analyst rating for MGE Energy (MGEE)?

A

The latest analyst rating for MGE Energy (NASDAQ: MGEE) was provided by Morgan Stanley, and MGE Energy maintained their underweight rating.

Q

When is the next analyst rating going to be posted or updated for MGE Energy (MGEE)?

A

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.

Q

Is the Analyst Rating MGE Energy (MGEE) correct?

A

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.