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Matrix Service Co has a consensus price target of $18 based on the ratings of 1 analysts. The high is $18 issued by DA Davidson on September 26, 2024. The low is $18 issued by DA Davidson on September 26, 2024. The 3 most-recent analyst ratings were released by DA Davidson on September 26, 2024, September 10, 2024, and September 13, 2023, respectively. With an average price target of $17 between DA Davidson, there's an implied 39.80% upside for Matrix Service Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Matrix Service (NASDAQ:MTRX) was reported by DA Davidson on September 26, 2024. The analyst firm set a price target for $18.00 expecting MTRX to rise to within 12 months (a possible 48.02% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Matrix Service (NASDAQ:MTRX) was provided by DA Davidson, and Matrix Service maintained their buy rating.
There is no last upgrade for Matrix Service
There is no last downgrade for Matrix Service.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Matrix Service, 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 Matrix Service was filed on September 26, 2024 so you should expect the next rating to be made available sometime around September 26, 2025.
While ratings are subjective and will change, the latest Matrix Service (MTRX) rating was a maintained with a price target of $18.00 to $18.00. The current price Matrix Service (MTRX) is trading at is $12.16, which is out of the analyst’s predicted range.
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