Magic Software Enterprises Ltd. (MGIC) Social Stream
MAGIC SOFTWARE ENTERPRISES LTD (MGIC) Price Targets From Analysts
Use the tables below to see what analysts covering MAGIC SOFTWARE ENTERPRISES LTD 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 |
|---|---|---|---|---|---|---|
| 2021-08-13 | 2 | $22 | $22 | $22 | $13.86 | 58.73% |
| 2023-03-10 | 1 | $23 | $23 | $23 | $13.86 | 65.95% |
| NA | 1 | $NA | $NA | $NA | $13.86 | NA% |
The Trend in the Analyst Price Target
Over the past 27 months, MGIC's average price target has gone up $5.75.
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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 |
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how MAGIC SOFTWARE ENTERPRISES LTD fares relative to all US stocks, note that its number of analysts covering the stock is greater than 3.29% of that group.
- MAGIC SOFTWARE ENTERPRISES LTD's variance in analysts' estimates is lower than almost 100% of all US 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 51.23% of that group.
- MGIC has a higher upside potential (average analyst target price relative to current price) than 71.42% 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 PDFS, EGAN, and AWRE.
View All Top Stocks by Price Target
Is MGIC a Buy, Hold or Sell? See the POWR Ratings now!