Magic Software Enterprises Ltd. (MGIC) Social Stream
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 | $11.38 | 93.32% |
| 2023-03-10 | 1 | $23 | $23 | $23 | $11.38 | 102.11% |
| NA | 1 | $NA | $NA | $NA | $11.38 | NA% |
Price Target Last Issued NA NA, NA
The Trend in the Analyst Price Target
MGIC's average price target has moved up $5.75 over the prior 28 months.
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| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-10 | 1 | 23 | 23 | 23 | 14.2 | 61.97% |
MGIC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 1 | 0 | 0 | 0 | 0 | 1 |
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, MAGIC SOFTWARE ENTERPRISES LTD's number of analysts covering the stock is higher than 3.22% of them.
- MGIC has a lower variance in analysts' estimates than nearly 100% of all US stocks.
- To contextualize these metrics, consider that out of Business Services stocks, MAGIC SOFTWARE ENTERPRISES LTD's average analyst price target is greater than 52.86% of them.
- In terms of how MAGIC SOFTWARE ENTERPRISES LTD fares relative to Business Services stocks, note that its upside potential (average analyst target price relative to current price) is greater than 139.27% of that group.
Stocks similar to MAGIC SOFTWARE ENTERPRISES LTD in the Business Services industry regarding analyst recommendations and price targets are CGNT, CCSI, and XPER.
View All Top Stocks by Price Target
What is the outlook for MGIC? Use POWR Ratings for clearer insight into price direction.