MGE Energy
(NASDAQ:MGEE)
$77.53
0[0.00%]
Last update: 4:20PM Get Real Time Here
Consensus Rating1
Equal-Weight
Highest Price Target1
$73.00
Lowest Price Target1
$62.00
Consensus Price Target1
$67.50

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

MGE Energy Inc has a consensus price target of $67.5, established from looking at the 32 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Morgan Stanley, and Morgan Stanley on November 21, 2023, October 25, 2023, and September 21, 2023. With an average price target of $62.67 between Morgan Stanley, Morgan Stanley, and Morgan Stanley, there's an implied -19.17% downside for MGE Energy Inc from these 3 analyst ratings.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
Nov 23
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
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
11/21/2023MGEEBuy Now
MGE Energy
$77.53-20.03%Morgan Stanley
Stephen Byrd
$61 → $62MaintainsUnderweightGet Alert
10/25/2023MGEEBuy Now
MGE Energy
$77.53-21.32%Morgan Stanley
Stephen Byrd
$65 → $61MaintainsUnderweightGet Alert
09/21/2023MGEEBuy Now
MGE Energy
$77.53-16.16%Morgan Stanley
Stephen Byrd
$63 → $65MaintainsUnderweightGet Alert
08/23/2023MGEEBuy Now
MGE Energy
$77.53-18.74%Morgan Stanley
Stephen Byrd
$67 → $63MaintainsUnderweightGet Alert
07/21/2023MGEEBuy Now
MGE Energy
$77.53-13.58%Morgan Stanley
Stephen Byrd
$68 → $67MaintainsUnderweightGet Alert
06/23/2023MGEEBuy Now
MGE Energy
$77.53-12.29%Morgan Stanley
Stephen Byrd
$70 → $68MaintainsUnderweightGet Alert
05/22/2023MGEEBuy Now
MGE Energy
$77.53-9.71%Morgan Stanley
Stephen Byrd
$72 → $70MaintainsUnderweightGet Alert
04/20/2023MGEEBuy Now
MGE Energy
$77.53-7.13%Morgan Stanley
Stephen Byrd
$68 → $72MaintainsUnderweightGet Alert
03/21/2023MGEEBuy Now
MGE Energy
$77.53-12.29%Morgan Stanley
Stephen Byrd
$72 → $68MaintainsUnderweightGet Alert
02/22/2023MGEEBuy Now
MGE Energy
$77.53-7.13%Morgan Stanley
Stephen Byrd
$68 → $72MaintainsUnderweightGet Alert
01/30/2023MGEEBuy Now
MGE Energy
$77.53-12.29%Morgan Stanley
Stephen Byrd
$67 → $68MaintainsUnderweightGet Alert
01/23/2023MGEEBuy Now
MGE Energy
$77.53-13.58%Morgan Stanley
Stephen Byrd
$66 → $67MaintainsUnderweightGet Alert
12/15/2022MGEEBuy Now
MGE Energy
$77.53-14.87%Morgan Stanley
Stephen Byrd
$63 → $66MaintainsUnderweightGet Alert
11/11/2022MGEEBuy Now
MGE Energy
$77.53-18.74%Morgan Stanley
Stephen Byrd
$59 → $63MaintainsUnderweightGet Alert
10/21/2022MGEEBuy Now
MGE Energy
$77.53-23.9%Morgan Stanley
Stephen Byrd
$75 → $59MaintainsUnderweightGet Alert
09/22/2022MGEEBuy Now
MGE Energy
$77.53-3.26%Morgan Stanley
Stephen Byrd
$77 → $75MaintainsUnderweightGet Alert
08/23/2022MGEEBuy Now
MGE Energy
$77.53-0.68%Morgan Stanley
Stephen Byrd
$72 → $77MaintainsUnderweightGet Alert
07/21/2022MGEEBuy Now
MGE Energy
$77.53-7.13%Morgan Stanley
Stephen Byrd
$67 → $72MaintainsUnderweightGet Alert
05/23/2022MGEEBuy Now
MGE Energy
$77.53-4.55%Morgan Stanley
Stephen Byrd
$77 → $74MaintainsUnderweightGet Alert

FAQ

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 -20.03% downside). 8 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 was the last upgrade for MGE Energy (MGEE)?

A

There is no last upgrade for MGE Energy.

Q

When was the last downgrade for MGE Energy (MGEE)?

A

The last downgrade for MGE Energy Inc happened on November 17, 2021 when Morgan Stanley changed their price target from $71 to $69 for MGE Energy Inc.

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 $77.53, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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