The latest price target for MGE Energy (NASDAQ:MGEE) was reported by Morgan Stanley on August 23, 2024. The analyst firm set a price target for $71.00 expecting MGEE to fall to within 12 months (a possible -18.62% downside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for MGE Energy (NASDAQ:MGEE) was provided by Morgan Stanley, and MGE Energy maintained their underweight rating.

There is no last upgrade for MGE Energy

The last downgrade for MGE Energy Inc happened on November 17, 2021 when Morgan Stanley changed their price target from $71 to $69 for MGE Energy Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGE Energy, 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 MGE Energy was filed on August 23, 2024 so you should expect the next rating to be made available sometime around August 23, 2025.

While ratings are subjective and will change, the latest MGE Energy (MGEE) rating was a maintained with a price target of $66.00 to $71.00. The current price MGE Energy (MGEE) is trading at is $87.24, which is out of the analyst’s predicted range.