$12.29
0[0.00%]
At close: Apr 24
$12.29
0[0.00%]
PreMarket: 4:00PM EDT
Methode Electronics
(NYSE:MEI)Methode Electronics Stock (NYSE:MEI), Analyst Ratings, Price Targets, Predictions
Methode Electronics Inc has a consensus price target of $21.2, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, Sidoti & Co., and Baird on April 9, 2024, March 7, 2024, and June 13, 2023. With an average price target of $18 between Jefferies, Sidoti & Co., and Baird, there's an implied 46.46% upside for Methode Electronics Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
Sidoti & Co.
Baird
Barrington Research
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Methode Electronics
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | MEI | Buy Now | Methode Electronics | $12.29 | -2.36% | Jefferies | Saree Boroditsky | → $12 | Initiates | → Hold | Get Alert |
| 03/07/2024 | MEI | Buy Now | Methode Electronics | $12.29 | — | Sidoti & Co. | John Franzreb | — | Downgrade | Buy → Neutral | Get Alert |
| 06/13/2023 | MEI | Buy Now | Methode Electronics | $12.29 | 241.74% | Baird | Luke Junk | $49 → $42 | Maintains | Neutral | Get Alert |
| 05/25/2023 | MEI | Buy Now | Methode Electronics | $12.29 | — | Barrington Research | Christopher Howe | — | Reiterates | Market Perform → Market Perform | Get Alert |
| 11/22/2022 | MEI | Buy Now | Methode Electronics | $12.29 | 323.11% | Jefferies | David Kelley | → $52 | Initiates | → Buy | Get Alert |
| 06/15/2022 | MEI | Buy Now | Methode Electronics | $12.29 | 241.74% | Baird | Luke Junk | $46 → $42 | Maintains | Neutral | Get Alert |
| 01/20/2022 | MEI | Buy Now | Methode Electronics | $12.29 | — | Barrington Research | Christopher Howe | — | Initiates | → Market Perform | Get Alert |
FAQ
What is the target price for Methode Electronics (MEI)?
The latest price target for Methode Electronics (NYSE: MEI) was reported by Jefferies on April 9, 2024. The analyst firm set a price target for $12.00 expecting MEI to fall to within 12 months (a possible -2.36% downside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Methode Electronics (MEI)?
The latest analyst rating for Methode Electronics (NYSE: MEI) was provided by Jefferies, and Methode Electronics initiated their hold rating.
When was the last upgrade for Methode Electronics (MEI)?
There is no last upgrade for Methode Electronics.
When was the last downgrade for Methode Electronics (MEI)?
The last downgrade for Methode Electronics Inc happened on March 7, 2024 when Sidoti & Co. changed their price target from N/A to N/A for Methode Electronics Inc.
When is the next analyst rating going to be posted or updated for Methode Electronics (MEI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Methode Electronics, 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 Methode Electronics was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating Methode Electronics (MEI) correct?
While ratings are subjective and will change, the latest Methode Electronics (MEI) rating was a initiated with a price target of $0.00 to $12.00. The current price Methode Electronics (MEI) is trading at is $12.29, which is out of the analyst’s predicted range.
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