Magic Software Enterprises Ltd. (MGIC) Social Stream



Magic Software Enterprises Ltd. (MGIC): $17.18

0.47 (+2.81%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Magic Software Enterprises Ltd (MGIC) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering Magic Software Enterprises Ltd.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-08-13 2 $22 $22 $22 $17.23 27.68%

The Trend in the Analyst Price Target


Over the past 52 days, MGIC's average price target has gone up $2.

Over the past 52 days, MGIC's average upside potential has been 11.1%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-07-30 1 20 20 20 17.46 14.55%
2021-08-13 2 22 22 22 19.15 14.88%
2021-08-24 2 22 22 22 20.34 8.16%
2021-09-03 2 22 22 22 20.44 7.63%
2021-09-20 2 22 22 22 19.95 10.28%

MGIC Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1 2 0 0 0 0 2

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, Magic Software Enterprises Ltd's variance in analysts' estimates is lower than nearly 100% of them.
  • Magic Software Enterprises Ltd's number of analysts covering the stock is higher than 3.56% of Technology stocks.
  • In terms of how Magic Software Enterprises Ltd fares relative to Business Services stocks, note that its average analyst price target is higher than 19.04% of that group.
  • Magic Software Enterprises Ltd's upside potential (average analyst target price relative to current price) is higher than 25.55% of stocks in the small market cap category.

Stocks similar to Magic Software Enterprises Ltd in the Business Services industry regarding analyst recommendations and price targets are MAPS, LTRY, and LFLY.

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


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