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 | $22.13 | 116.9% |
| 2022-11-22 | 3 | $52 | $42 | $47 | $22.13 | 112.38% |
| 2022-12-02 | 3 | $59 | $42 | $50.5 | $22.13 | 128.2% |
| 2023-01-22 | 3 | $59 | $42 | $50.333 | $22.13 | 127.44% |
| 2023-03-10 | 3 | $51 | $42 | $47.666 | $22.13 | 115.39% |
| 2023-03-14 | 3 | $51 | $49 | $50 | $22.13 | 125.94% |
| 2023-06-13 | 2 | $42 | $42 | $42 | $22.13 | 89.79% |
| 2023-06-23 | 2 | $38 | $38 | $38 | $22.13 | 71.71% |
| 2023-09-08 | 2 | $27 | $27 | $27 | $22.13 | 22.01% |
| NA | 1 | $NA | $NA | $NA | $22.13 | NA% |
The Trend in the Analyst Price Target
Over the past 32 months, MEI's average price target has gone down $17.
Over the past 33 weeks, MEI's average upside potential has been 14.55%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-10 | 3 | 51 | 42 | 46.500 | 42.93 | 8.32% |
| 2023-03-10 | 3 | 51 | 42 | 47.666 | 42.93 | 11.03% |
| 2023-06-13 | 2 | 42 | 42 | 42.000 | 36.90 | 13.82% |
| 2023-06-23 | 2 | 38 | 38 | 38.000 | 32.77 | 15.96% |
| 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
Over the past 27 months, MEI's average broker recommendation rating worsened by 0.5.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how METHODE ELECTRONICS INC fares relative to all US stocks, note that its number of analysts covering the stock is higher than 59.34% of that group.
- In the context of Technology stocks, METHODE ELECTRONICS INC's variance in analysts' estimates is lower than 16.72% of them.
- In the context of stocks in the mid market cap category, METHODE ELECTRONICS INC's upside potential (average analyst target price relative to current price) is higher than 822.6% of them.
- In terms of how METHODE ELECTRONICS INC fares relative to Electronic Equipment stocks, note that its average analyst price target is higher than 426.17% of that group.
In the Electronic Equipment industry, MIND, NN, and BKSY are the three stocks most similar to METHODE ELECTRONICS INC regarding the price target and analyst recommendation information presented here.
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