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McGrath RentCorp

MGRCNASDAQ
Logo brought to you by Benzinga Data
$119.46
00.00%
Pre-Market: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$127.00
Lowest Price Target1
$124.00
Consensus Price Target1
$125.50

McGrath RentCorp (NASDAQ:MGRC) Stock, Analyst Ratings, Price Targets, Forecasts

McGrath RentCorp has a consensus price target of $125.5 based on the ratings of 2 analysts. The high is $127 issued by Sidoti & Co. on February 2, 2023. The low is $124 issued by Oppenheimer on October 25, 2024. The 3 most-recent analyst ratings were released by Oppenheimer on October 25, 2024, September 25, 2024, and October 6, 2023, respectively. With an average price target of $120 between Oppenheimer, there's an implied 0.45% upside for McGrath RentCorp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Oppenheimer
Sidoti & Co.

1calculated from analyst ratings

Analyst Ratings for McGrath RentCorp

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for McGrath RentCorp (MGRC) stock?

A

The latest price target for McGrath RentCorp (NASDAQ:MGRC) was reported by Oppenheimer on October 25, 2024. The analyst firm set a price target for $124.00 expecting MGRC to rise to within 12 months (a possible 3.80% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for McGrath RentCorp (MGRC)?

A

The latest analyst rating for McGrath RentCorp (NASDAQ:MGRC) was provided by Oppenheimer, and McGrath RentCorp maintained their outperform rating.

Q

When was the last upgrade for McGrath RentCorp (MGRC)?

A

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.

Q

When was the last downgrade for McGrath RentCorp (MGRC)?

A

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.

Q

When is the next analyst rating going to be posted or updated for McGrath RentCorp (MGRC)?

A

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

Q

Is the Analyst Rating McGrath RentCorp (MGRC) correct?

A

While ratings are subjective and will change, the latest McGrath RentCorp (MGRC) rating was a maintained with a price target of $120.00 to $124.00. The current price McGrath RentCorp (MGRC) is trading at is $119.46, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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