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MAC Copper

MTALNYSE
Logo brought to you by Benzinga Data
$11.85
-0.35-2.87%
At close: -
$11.95
0.10.84%
After Hours: 6:54 AM EDT
Consensus Rating1
Sector Outperform
Highest Price Target1
$16.00
Lowest Price Target1
$13.00
Consensus Price Target1
$14.67

MAC Copper (NYSE:MTAL) Stock, Analyst Ratings, Price Targets, Forecasts

MAC Copper Ltd has a consensus price target of $14.67 based on the ratings of 3 analysts. The high is $16 issued by Scotiabank on August 19, 2024. The low is $13 issued by Canaccord Genuity on July 25, 2023. The 3 most-recent analyst ratings were released by Scotiabank, BMO Capital, and Scotiabank on August 19, 2024, July 23, 2024, and May 30, 2024, respectively. With an average price target of $16 between Scotiabank, BMO Capital, and Scotiabank, there's an implied 33.89% upside for MAC Copper Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
0
0
0
0
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.3
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
BMO Capital
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for MAC Copper

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FAQ

Q

What is the target price for MAC Copper (MTAL) stock?

A

The latest price target for MAC Copper (NYSE:MTAL) was reported by Scotiabank on August 19, 2024. The analyst firm set a price target for $16.00 expecting MTAL to rise to within 12 months (a possible 35.02% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MAC Copper (MTAL)?

A

The latest analyst rating for MAC Copper (NYSE:MTAL) was provided by Scotiabank, and MAC Copper maintained their sector outperform rating.

Q

When was the last upgrade for MAC Copper (MTAL)?

A

There is no last upgrade for MAC Copper

Q

When was the last downgrade for MAC Copper (MTAL)?

A

The last downgrade for MAC Copper Ltd happened on May 21, 2024 when BMO Capital changed their price target from $13 to $12 for MAC Copper Ltd.

Q

When is the next analyst rating going to be posted or updated for MAC Copper (MTAL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MAC Copper, 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 MAC Copper was filed on August 19, 2024 so you should expect the next rating to be made available sometime around August 19, 2025.

Q

Is the Analyst Rating MAC Copper (MTAL) correct?

A

While ratings are subjective and will change, the latest MAC Copper (MTAL) rating was a maintained with a price target of $17.00 to $16.00. The current price MAC Copper (MTAL) is trading at is $11.85, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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