Methode Electronics Inc has a consensus price target of $26.67 based on the ratings of 5 analysts. The high is $52 issued by Jefferies on November 22, 2022. The low is $12 issued by Jefferies on April 9, 2024. The 3 most-recent analyst ratings were released by Baird, Baird, and Jefferies on December 6, 2024, September 6, 2024, and April 9, 2024, respectively. With an average price target of $13.67 between Baird, Baird, and Jefferies, there's an implied 12.48% upside for Methode Electronics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Methode Electronics (NYSE:MEI) was reported by Baird on December 6, 2024. The analyst firm set a price target for $16.00 expecting MEI to rise to within 12 months (a possible 31.69% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Methode Electronics (NYSE:MEI) was provided by Baird, and Methode Electronics maintained their neutral rating.
There is no last upgrade for Methode Electronics
The last downgrade for Methode Electronics Inc happened on March 7, 2024 when Sidoti & Co. changed their price target from N/A to N/A for Methode Electronics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Methode Electronics, 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 Methode Electronics was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.
While ratings are subjective and will change, the latest Methode Electronics (MEI) rating was a maintained with a price target of $13.00 to $16.00. The current price Methode Electronics (MEI) is trading at is $12.15, which is out of the analyst’s predicted range.
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