Montrose Environmental Group Inc. (MEG) Social Stream
MONTROSE ENVIRONMENTAL GROUP INC (MEG) Price Targets From Analysts
Use the tables below to see what analysts covering MONTROSE ENVIRONMENTAL GROUP INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 6 | $70 | $53 | $65 | $33.44 | 94.38% |
| 2021-11-12 | 6 | $90 | $53 | $72.2 | $33.44 | 115.91% |
| 2021-11-17 | 6 | $90 | $56 | $72.8 | $33.44 | 117.7% |
| 2021-11-22 | 6 | $91 | $56 | $81.2 | $33.44 | 142.82% |
| 2021-12-17 | 6 | $91 | $56 | $79.2 | $33.44 | 136.84% |
| 2022-03-02 | 6 | $91 | $56 | $76 | $33.44 | 127.27% |
| 2022-03-04 | 6 | $85 | $52 | $70 | $33.44 | 109.33% |
| 2022-03-23 | 7 | $85 | $52 | $67.5 | $33.44 | 101.85% |
| 2022-05-10 | 7 | $84 | $52 | $64 | $33.44 | 91.39% |
| 2022-06-07 | 7 | $84 | $47 | $62.666 | $33.44 | 87.4% |
| 2022-07-15 | 7 | $84 | $47 | $61.833 | $33.44 | 84.91% |
| 2022-08-10 | 7 | $73 | $46 | $57.666 | $33.44 | 72.45% |
| 2022-08-13 | 7 | $73.001 | $46 | $57.666 | $33.44 | 72.45% |
| 2022-09-17 | 7 | $73.001 | $46 | $56.833 | $33.44 | 69.96% |
| 2022-09-28 | 7 | $73.001 | $48 | $57.166 | $33.44 | 70.95% |
| 2022-10-12 | 7 | $73.001 | $44 | $54.333 | $33.44 | 62.48% |
| 2022-11-14 | 7 | $73.001 | $44 | $52.333 | $33.44 | 56.5% |
| 2022-11-17 | 7 | $73.001 | $44 | $53.333 | $33.44 | 59.49% |
| 2022-12-02 | 6 | $56 | $48 | $50.8 | $33.44 | 51.91% |
| 2022-12-12 | 6 | $56 | $48 | $50.8 | $33.44 | 51.91% |
| 2023-01-30 | 6 | $56 | $47 | $50 | $33.44 | 49.52% |
| 2023-02-24 | 6 | $56 | $47 | $50.6 | $33.44 | 51.32% |
| 2023-03-03 | 7 | $56 | $39 | $48.666 | $33.44 | 45.53% |
| 2023-03-06 | 7 | $54 | $39 | $48 | $33.44 | 43.54% |
| 2023-03-10 | 7 | $54 | $39 | $47.333 | $33.44 | 41.55% |
The Trend in the Analyst Price Target
MEG's average price target has moved down $28.67 over the prior 12 months.
MEG reports an average of 32.17% for its upside potential over the past 51 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-07 | 7 | 84 | 47 | 62.666 | 38.93 | 60.97% |
| 2022-08-10 | 7 | 73 | 46 | 57.666 | 44.36 | 30% |
| 2022-12-13 | 6 | 56 | 47 | 50.000 | 46.71 | 7.04% |
| 2023-01-30 | 6 | 56 | 47 | 50.000 | 52.59 | -4.92% |
| 2023-02-24 | 6 | 56 | 47 | 50.600 | 50.70 | -0.2% |
MEG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.71 | 4 | 1 | 2 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
Over the past 31 months, MEG's average broker recommendation rating worsened by 0.71.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how MONTROSE ENVIRONMENTAL GROUP INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1649.4% of that group.
- To contextualize these metrics, consider that out of Business Services stocks, MONTROSE ENVIRONMENTAL GROUP INC's number of analysts covering the stock is greater than 632.16% of them.
- In the context of stocks in the mid market cap category, MONTROSE ENVIRONMENTAL GROUP INC's average analyst price target is higher than 1717.8% of them.
- MONTROSE ENVIRONMENTAL GROUP INC's variance in analysts' estimates is lower than -1304.54% of Industrials stocks.
In the Business Services industry, TRTN, TGH, and AL are the three stocks most similar to MONTROSE ENVIRONMENTAL GROUP INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for MEG? Use POWR Ratings for clearer insight into price direction.