MGE Energy Inc. (MGEE) Social Stream



MGE Energy Inc. (MGEE): $76.16

0.15 (+0.20%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#36 of 60

in industry

MGE ENERGY INC (MGEE) Price Targets From Analysts

Use the tables below to see what analysts covering MGE ENERGY 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
2021-10-20 2 $71 $64 $67.5 $72.31 -6.65%
2021-11-22 2 $69 $64 $66.5 $72.31 -8.03%
2021-12-21 2 $73 $64 $68.5 $72.31 -5.27%
2022-01-24 2 $72 $71 $71.5 $72.31 -1.12%
2022-02-18 2 $71 $69 $70 $72.31 -3.19%
2022-03-22 1 $73 $71 $72 $72.31 -0.43%
2022-04-07 2 $73 $71 $72 $72.31 -0.43%
2022-04-18 2 $75 $73 $74 $72.31 2.34%
2022-04-20 2 $78 $75 $76.5 $72.31 5.79%
2022-04-29 2 $77 $75 $76 $72.31 5.1%
2022-05-20 2 $75 $74 $74.5 $72.31 3.03%
2022-09-17 2 $77 $69 $73 $72.31 0.95%
2022-09-22 2 $75 $69 $72 $72.31 -0.43%
2022-10-31 2 $69 $59 $64 $72.31 -11.49%
2022-11-11 2 $69 $63 $66 $72.31 -8.73%
2023-01-08 2 $69 $66 $67.5 $72.31 -6.65%
2023-01-23 2 $69 $67 $68 $72.31 -5.96%
2023-01-31 2 $69 $68 $68.5 $72.31 -5.27%
2023-02-22 2 $72 $69 $70.5 $72.31 -2.5%
2023-04-19 2 $72 $72 $72 $72.31 -0.43%
2023-06-06 2 $72 $70 $71 $72.31 -1.81%
2023-06-28 2 $72 $68 $70 $72.31 -3.19%
2023-07-21 2 $72 $67 $69.5 $72.31 -3.89%
2023-09-20 2 $72 $63 $67.5 $72.31 -6.65%
2023-10-27 2 $72 $61 $66.5 $72.31 -8.03%
2023-12-12 2 $72 $62 $67 $72.31 -7.34%
2023-12-18 2 $72 $65 $68.5 $72.31 -5.27%

The Trend in the Analyst Price Target


Over the past 47 weeks, MGEE's average price target has gone up $0.5.

MGEE reports an average of -7.15% for its upside potential over the past 49 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-17 2 72 72 72.0 77.60 -7.22%
2023-05-22 2 72 70 71.0 75.44 -5.89%
2023-06-28 2 72 68 70.0 78.07 -10.34%
2023-12-12 2 72 62 67.0 71.68 -6.53%
2023-12-14 2 72 65 68.5 74.11 -7.57%

MGEE Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
3.85 0 0 0 0 0 2

The Trend in the Broker Recommendations


Over the past 40 months, MGEE's average broker recommendation rating improved by 0.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MGEE as an investment opportunity.

  • To contextualize these metrics, consider that out of all US stocks, MGE ENERGY INC's number of analysts covering the stock is higher than 73.58% of them.
  • In the context of stocks in the mid market cap category, MGE ENERGY INC's variance in analysts' estimates is lower than -35% of them.
  • MGE ENERGY INC's upside potential (average analyst target price relative to current price) is greater than 328.63% of Utilities stocks.
  • MGEE has a higher average analyst price target than 2049.58% of stocks in the mid market cap category.

In terms of price targets and recommendations offered by analysts, the stocks in the Utilities industry with the ratings most similar to MGE ENERGY INC are CLNE, ETRN, and AM.

Is MGEE a Buy, Hold or Sell? See the POWR Ratings now!


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