Methode Electronics, Inc. (MEI) Social Stream
METHODE ELECTRONICS INC (MEI) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering METHODE ELECTRONICS INC.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
---|---|---|---|---|---|---|
2021-04-13 | 1 | $48 | $48 | $48 | $20.98 | 128.79% |
2022-11-22 | 3 | $52 | $42 | $47 | $20.98 | 124.02% |
2022-12-02 | 3 | $59 | $42 | $50.5 | $20.98 | 140.71% |
2023-01-22 | 3 | $59 | $42 | $50.333 | $20.98 | 139.91% |
2023-03-10 | 3 | $51 | $42 | $46.5 | $20.98 | 121.64% |
2023-03-14 | 2 | $49 | $49 | $49 | $20.98 | 133.56% |
2023-06-13 | 2 | $42 | $42 | $42 | $20.98 | 100.19% |
2023-06-23 | 2 | $38 | $38 | $38 | $20.98 | 81.12% |
2023-09-08 | 2 | $27 | $27 | $27 | $20.98 | 28.69% |
NA | 2 | $NA | $NA | $NA | $20.98 | NA% |
Price Target Last Issued April 13, 2021
The Trend in the Analyst Price Target
MEI's average price target has moved down $21 over the prior 28 months.
MEI reports an average of 14.55% for its upside potential over the past 33 weeks.
Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
---|---|---|---|---|---|---|
2023-03-10 | 3 | 51 | 42 | 47.666 | 42.93 | 11.03% |
2023-03-14 | 2 | 49 | 49 | 49.000 | 42.05 | 16.53% |
2023-03-14 | 3 | 49 | 49 | 49.000 | 42.05 | 16.53% |
2023-06-13 | 2 | 42 | 42 | 42.000 | 36.90 | 13.82% |
2023-09-08 | 2 | 27 | 27 | 27.000 | 23.34 | 15.68% |
MEI Broker Recommendations Summary
Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
---|---|---|---|---|---|---|
3 | 0 | 0 | 2 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
MEI's average broker recommendation rating worsened by 0.67 over the prior 26 weeks.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- MEI has a higher number of analysts covering the stock than 58.43% of all US stocks.
- In the context of Technology stocks, METHODE ELECTRONICS INC's variance in analysts' estimates is lower than 17.52% of them.
- In the context of stocks in the small market cap category, METHODE ELECTRONICS INC's average analyst price target is greater than 957.36% of them.
- In the context of Technology stocks, METHODE ELECTRONICS INC's upside potential (average analyst target price relative to current price) is higher than 848.08% of them.
Stocks similar to METHODE ELECTRONICS INC in the Electronic Equipment industry regarding analyst recommendations and price targets are MIND, BKSY, and KVHI.
View All Top Stocks by Price Target
Is MEI a Buy, Hold or Sell? See the POWR Ratings now!