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.
1calculated from analyst ratings
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.
The latest analyst rating for MAC Copper (NYSE:MTAL) was provided by Scotiabank, and MAC Copper maintained their sector outperform rating.
There is no last upgrade for MAC Copper
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.
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.
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.
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