MultiPlan Corp has a consensus price target of $3.51 based on the ratings of 4 analysts. The high is $10 issued by Citigroup on September 23, 2024. The low is $1 issued by Piper Sandler on August 7, 2024. The 3 most-recent analyst ratings were released by Citigroup, Piper Sandler, and Piper Sandler on September 23, 2024, August 7, 2024, and June 26, 2024, respectively. With an average price target of $4.33 between Citigroup, Piper Sandler, and Piper Sandler, there's an implied -44.09% downside for MultiPlan Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MultiPlan (NYSE:MPLN) was reported by Citigroup on September 23, 2024. The analyst firm set a price target for $10.00 expecting MPLN to rise to within 12 months (a possible 29.03% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for MultiPlan (NYSE:MPLN) was provided by Citigroup, and MultiPlan maintained their neutral rating.
There is no last upgrade for MultiPlan
The last downgrade for MultiPlan Corp happened on December 13, 2022 when Citigroup changed their price target from $3 to $2 for MultiPlan Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MultiPlan, 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 MultiPlan was filed on September 23, 2024 so you should expect the next rating to be made available sometime around September 23, 2025.
While ratings are subjective and will change, the latest MultiPlan (MPLN) rating was a maintained with a price target of $17.20 to $10.00. The current price MultiPlan (MPLN) is trading at is $7.75, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.