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McGrath RentCorp has a consensus price target of $139.33 based on the ratings of 3 analysts. The high is $152 issued by CJS Securities on December 11, 2024. The low is $127 issued by Sidoti & Co. on February 2, 2023. The 3 most-recent analyst ratings were released by CJS Securities, Oppenheimer, and Oppenheimer on December 11, 2024, November 22, 2024, and October 25, 2024, respectively. With an average price target of $138.33 between CJS Securities, Oppenheimer, and Oppenheimer, there's an implied 22.80% upside for McGrath RentCorp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for McGrath RentCorp (NASDAQ:MGRC) was reported by CJS Securities on December 11, 2024. The analyst firm set a price target for $152.00 expecting MGRC to rise to within 12 months (a possible 34.93% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for McGrath RentCorp (NASDAQ:MGRC) was provided by CJS Securities, and McGrath RentCorp their market outperform rating.
The last upgrade for McGrath RentCorp happened on February 2, 2023 when Sidoti & Co. raised their price target to $127. Sidoti & Co. previously had a neutral for McGrath RentCorp.
The last downgrade for McGrath RentCorp happened on November 16, 2022 when Sidoti & Co. changed their price target from N/A to $106 for McGrath RentCorp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McGrath RentCorp, 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 McGrath RentCorp was filed on December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.
While ratings are subjective and will change, the latest McGrath RentCorp (MGRC) rating was a with a price target of $0.00 to $152.00. The current price McGrath RentCorp (MGRC) is trading at is $112.65, which is within the analyst’s predicted range.
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