Medallion Financial Corp has a consensus price target of $10.5 based on the ratings of 3 analysts. The high is $12 issued by B. Riley Securities on August 2, 2023. The low is $9 issued by Northland Capital Markets on October 5, 2022. The 2 most-recent analyst ratings were released by B. Riley Securities and Northland Capital Markets on August 2, 2023 and October 5, 2022, respectively. With an average price target of $10.5 between B. Riley Securities and Northland Capital Markets, there's an implied 10.06% upside for Medallion Financial Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Medallion Finl (NASDAQ:MFIN) was reported by B. Riley Securities on August 2, 2023. The analyst firm set a price target for $12.00 expecting MFIN to rise to within 12 months (a possible 25.79% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Medallion Finl (NASDAQ:MFIN) was provided by B. Riley Securities, and Medallion Finl maintained their buy rating.
There is no last upgrade for Medallion Finl
The last downgrade for Medallion Financial Corp happened on October 5, 2022 when Northland Capital Markets changed their price target from $11 to $9 for Medallion Financial Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Medallion Finl, 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 Medallion Finl was filed on August 2, 2023 so you should expect the next rating to be made available sometime around August 2, 2024.
While ratings are subjective and will change, the latest Medallion Finl (MFIN) rating was a maintained with a price target of $10.00 to $12.00. The current price Medallion Finl (MFIN) is trading at is $9.54, which is out of the analyst’s predicted range.
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