Consensus Rating1
Buy
Highest Price Target1
$51.00
Lowest Price Target1
$29.00
Consensus Price Target1
$40.25

Montrose Environmental Gr (NYSE:MEG) Stock, Analyst Ratings, Price Targets, Forecasts

Montrose Environmental Group Inc has a consensus price target of $40.25 based on the ratings of 8 analysts. The high is $51 issued by Stifel on April 3, 2024. The low is $29 issued by JP Morgan on November 8, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Needham, and B of A Securities on November 8, 2024, November 8, 2024, and November 6, 2024, respectively. With an average price target of $34 between JP Morgan, Needham, and B of A Securities, there's an implied 88.89% upside for Montrose Environmental Group Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
2
Aug
2
Oct
1
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Needham
B of A Securities
Evercore ISI Group
Stifel

1calculated from analyst ratings

Analyst Ratings for Montrose Environmental Gr

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FAQ

Q

What is the target price for Montrose Environmental Gr (MEG) stock?

A

The latest price target for Montrose Environmental Gr (NYSE:MEG) was reported by JP Morgan on November 8, 2024. The analyst firm set a price target for $29.00 expecting MEG to rise to within 12 months (a possible 62.19% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Montrose Environmental Gr (MEG)?

A

The latest analyst rating for Montrose Environmental Gr (NYSE:MEG) was provided by JP Morgan, and Montrose Environmental Gr downgraded their neutral rating.

Q

When was the last upgrade for Montrose Environmental Gr (MEG)?

A

The last upgrade for Montrose Environmental Group Inc happened on November 9, 2023 when JP Morgan raised their price target to $41. JP Morgan previously had a neutral for Montrose Environmental Group Inc.

Q

When was the last downgrade for Montrose Environmental Gr (MEG)?

A

The last downgrade for Montrose Environmental Group Inc happened on November 8, 2024 when JP Morgan changed their price target from $48 to $29 for Montrose Environmental Group Inc.

Q

When is the next analyst rating going to be posted or updated for Montrose Environmental Gr (MEG)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Montrose Environmental Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Montrose Environmental Gr was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.

Q

Is the Analyst Rating Montrose Environmental Gr (MEG) correct?

A

While ratings are subjective and will change, the latest Montrose Environmental Gr (MEG) rating was a downgraded with a price target of $48.00 to $29.00. The current price Montrose Environmental Gr (MEG) is trading at is $17.88, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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