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Methode Electronics

MEINYSE
$13.55
0.10.74%
At Close: -
$13.55
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$52.00
Lowest Price Target1
$12.00
Consensus Price Target1
$35.33

Methode Electronics (NYSE:MEI) Stock, Analyst Ratings, Price Targets, Forecasts

Methode Electronics Inc has a consensus price target of $35.33 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 Jefferies, Baird, and Jefferies on April 9, 2024, June 13, 2023, and November 22, 2022, respectively. With an average price target of $35.33 between Jefferies, Baird, and Jefferies, there's an implied 160.76% upside for Methode Electronics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
0
0
0
0
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
Baird
Jefferies

1calculated from analyst ratings

Analyst Ratings for Methode Electronics

Buy NowGet Alert
04/09/2024Buy Now-11.44%Jefferies
Saree Boroditsky
→ $12Initiates → HoldGet Alert
03/07/2024Buy Now—Sidoti & Co.
John Franzreb
—DowngradeBuy → NeutralGet Alert
06/13/2023Buy Now209.96%Baird
Luke Junk
$49 → $42MaintainsNeutralGet Alert
05/25/2023Buy Now—Barrington Research
Christopher Howe
—ReiteratesMarket Perform → Market PerformGet Alert
11/22/2022Buy Now283.76%Jefferies
David Kelley
→ $52Initiates → BuyGet Alert
06/15/2022Buy Now209.96%Baird
Luke Junk
$46 → $42MaintainsNeutralGet Alert
01/20/2022Buy Now—Barrington Research
Christopher Howe
—Initiates → Market PerformGet Alert

FAQ

Q

What is the target price for Methode Electronics (MEI) stock?

A

The latest price target for Methode Electronics (NYSE:MEI) was reported by Jefferies on April 9, 2024. The analyst firm set a price target for $12.00 expecting MEI to fall to within 12 months (a possible -11.44% downside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Methode Electronics (MEI)?

A

The latest analyst rating for Methode Electronics (NYSE:MEI) was provided by Jefferies, and Methode Electronics initiated their hold rating.

Q

When was the last upgrade for Methode Electronics (MEI)?

A

There is no last upgrade for Methode Electronics

Q

When was the last downgrade for Methode Electronics (MEI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Methode Electronics (MEI)?

A

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 April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.

Q

Is the Analyst Rating Methode Electronics (MEI) correct?

A

While ratings are subjective and will change, the latest Methode Electronics (MEI) rating was a initiated with a price target of $0.00 to $12.00. The current price Methode Electronics (MEI) is trading at is $13.55, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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