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MGE Energy

MGEENASDAQ
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The dividend Ex-Date is in 8 days
Consensus Rating1
Underweight
Highest Price Target1
$74.00
Lowest Price Target1
$74.00
Consensus Price Target1
$74.00

MGE Energy (NASDAQ:MGEE) Stock, Analyst Ratings, Price Targets, Forecasts

MGE Energy Inc has a consensus price target of $74 based on the ratings of 1 analysts. The high is $74 issued by Morgan Stanley on September 25, 2024. The low is $74 issued by Morgan Stanley on September 25, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley on September 25, 2024, August 23, 2024, and June 24, 2024, respectively. With an average price target of $70 between Morgan Stanley, there's an implied -32.62% downside for MGE Energy Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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May
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Jun
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Sep
Buy
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Sell
Strong Sell
Analyst Rating and Forecast
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2.5
Sell
Strong Buy
Buy
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Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for MGE Energy

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FAQ

Q

What is the target price for MGE Energy (MGEE) stock?

A

The latest price target for MGE Energy (NASDAQ:MGEE) was reported by Morgan Stanley on September 25, 2024. The analyst firm set a price target for $74.00 expecting MGEE to fall to within 12 months (a possible -29.03% downside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MGE Energy (MGEE)?

A

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

Q

When was the last upgrade for MGE Energy (MGEE)?

A

There is no last upgrade for MGE Energy

Q

When was the last downgrade for MGE Energy (MGEE)?

A

There is no last downgrade for MGE Energy.

Q

When is the next analyst rating going to be posted or updated for MGE Energy (MGEE)?

A

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 September 25, 2024 so you should expect the next rating to be made available sometime around September 25, 2025.

Q

Is the Analyst Rating MGE Energy (MGEE) correct?

A

While ratings are subjective and will change, the latest MGE Energy (MGEE) rating was a maintained with a price target of $71.00 to $74.00. The current price MGE Energy (MGEE) is trading at is $104.27, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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