Matrix Service Co has a consensus price target of $15, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from DA Davidson and DA Davidson on September 13, 2023 and May 10, 2023. With an average price target of $13 between DA Davidson and DA Davidson, there's an implied 12.55% upside for Matrix Service Co from these 2 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
09/13/2023 | MTRX | Buy Now | Matrix Service | $11.55 | 29.87% | DA Davidson | Brent Thielman | $11 → $15 | Maintains | Buy | Get Alert |
05/10/2023 | MTRX | Buy Now | Matrix Service | $11.55 | -4.76% | DA Davidson | Brent Thielman | → $11 | Maintains | Buy | Get Alert |
The latest price target for Matrix Service (NASDAQ: MTRX) was reported by DA Davidson on September 13, 2023. The analyst firm set a price target for $15.00 expecting MTRX to rise to within 12 months (a possible 29.87% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Matrix Service (NASDAQ: MTRX) was provided by DA Davidson, and Matrix Service maintained their buy rating.
There is no last upgrade for Matrix Service.
There is no last downgrade for Matrix Service.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matrix Service, 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 Matrix Service was filed on September 13, 2023 so you should expect the next rating to be made available sometime around September 13, 2024.
While ratings are subjective and will change, the latest Matrix Service (MTRX) rating was a maintained with a price target of $11.00 to $15.00. The current price Matrix Service (MTRX) is trading at is $11.55, which is within the analyst’s predicted range.
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