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McGrath RentCorp

MGRCNASDAQ
Logo brought to you by Benzinga Data
$112.65
0.670.60%
At close: -
$112.65
0.000.00%
After Hours: Dec 20, 4:02 PM EDT
The dividend Ex-Date is in 9 days
Consensus Rating1
Market Outperform
Highest Price Target1
$152.00
Lowest Price Target1
$127.00
Consensus Price Target1
$139.33

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

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.

Analyst Trends and Forecast
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Sep
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Oct
1
Nov
0
0
0
0
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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4.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

CJS Securities
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 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.

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 CJS Securities, and McGrath RentCorp their market 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 December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 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 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.

Browse analyst ratings and price targets on all stocks.

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