Montrose Environmental Group Inc. (MEG) Social Stream



Montrose Environmental Group Inc. (MEG): $48.84

2.60 (+5.62%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

D

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Industry: Waste Disposal

Industry

C

Ranked

#12 of 14

in industry

MONTROSE ENVIRONMENTAL GROUP INC (MEG) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering MEG.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-10 6 $70 $53 $65 $28.24 130.17%
2021-11-12 6 $90 $53 $72.2 $28.24 155.67%
2021-11-17 6 $90 $56 $72.8 $28.24 157.79%
2021-11-22 6 $91 $56 $81.2 $28.24 187.54%
2021-12-17 6 $91 $56 $79.2 $28.24 180.45%
2022-03-02 6 $91 $56 $76 $28.24 169.12%
2022-03-04 6 $85 $52 $70 $28.24 147.88%
2022-03-23 7 $85 $52 $67.5 $28.24 139.02%
2022-05-10 7 $84 $52 $64 $28.24 126.63%
2022-06-07 7 $84 $47 $62.666 $28.24 121.91%
2022-07-15 7 $84 $47 $61.833 $28.24 118.96%
2022-08-10 7 $73 $46 $57.666 $28.24 104.2%
2022-08-13 7 $73.001 $46 $57.666 $28.24 104.2%
2022-09-17 7 $73.001 $46 $56.833 $28.24 101.25%
2022-09-28 7 $73.001 $48 $57.166 $28.24 102.43%
2022-10-12 7 $73.001 $44 $54.333 $28.24 92.4%
2022-11-14 7 $73.001 $44 $52.333 $28.24 85.32%
2022-11-17 7 $73.001 $44 $53.333 $28.24 88.86%
2022-12-02 6 $56 $48 $50.8 $28.24 79.89%
2022-12-12 6 $56 $48 $50.8 $28.24 79.89%
2023-01-30 6 $56 $47 $50 $28.24 77.05%
2023-02-24 6 $56 $47 $50.6 $28.24 79.18%
2023-03-03 7 $56 $39 $48.666 $28.24 72.33%
2023-03-06 7 $54 $39 $48 $28.24 69.97%
2023-03-10 6 $54 $39 $46.4 $28.24 64.31%
2023-05-10 6 $54 $40 $45.8 $28.24 62.18%
2023-07-10 5 $54 $40 $46.5 $28.24 64.66%
2023-10-27 5 $54 $46 $49 $28.24 73.51%
2023-11-09 5 $54 $41 $47.75 $28.24 69.09%
2023-12-13 5 $54 $40 $45.75 $28.24 62%

The Trend in the Analyst Price Target


Over the past 19 months, MEG's average price target has gone down $18.25.

Over the past 46 weeks, MEG's average upside potential has been 35.99%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-01-26 6 56 47 50.00 51.84 -3.55%
2023-03-06 7 54 39 48.00 38.06 26.12%
2023-03-10 6 54 39 46.40 32.71 41.85%
2023-10-27 5 54 46 49.00 22.27 120.03%
2023-12-07 5 54 40 45.75 31.61 44.73%

MEG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.2 4 1 0 0 0 5

The Trend in the Broker Recommendations


Over the past 15 months, MEG's average broker recommendation rating improved by 0.51.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • To contextualize these metrics, consider that out of all US stocks, MONTROSE ENVIRONMENTAL GROUP INC's upside potential (average analyst target price relative to current price) is greater than 2446.29% of them.
  • MEG has a higher number of analysts covering the stock than 630.27% of Business Services stocks.
  • In terms of how MONTROSE ENVIRONMENTAL GROUP INC fares relative to stocks in the mid market cap category, note that its average analyst price target is higher than 2119.77% of that group.
  • MEG has a lower variance in analysts' estimates than -931.98% of Business Services stocks.

In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to MONTROSE ENVIRONMENTAL GROUP INC are TGH, AL, and UPBD.

What is the outlook for MEG? Use POWR Ratings for clearer insight into price direction.


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