Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
MYR Group Inc has a consensus price target of $151.8 based on the ratings of 7 analysts. The high is $184 issued by Stifel on April 16, 2024. The low is $119 issued by Stifel on August 5, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Baird, and Goldman Sachs on November 4, 2024, October 31, 2024, and September 19, 2024, respectively. With an average price target of $138.33 between Goldman Sachs, Baird, and Goldman Sachs, there's an implied -6.44% downside for MYR Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MYR Group (NASDAQ:MYRG) was reported by Goldman Sachs on November 4, 2024. The analyst firm set a price target for $153.00 expecting MYRG to rise to within 12 months (a possible 3.48% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for MYR Group (NASDAQ:MYRG) was provided by Goldman Sachs, and MYR Group maintained their buy rating.
The last upgrade for MYR Group Inc happened on October 17, 2023 when Sidoti & Co. raised their price target to N/A. Sidoti & Co. previously had a neutral for MYR Group Inc.
The last downgrade for MYR Group Inc happened on February 26, 2024 when Sidoti & Co. changed their price target from $165 to $165 for MYR Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MYR Group, 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 MYR Group was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest MYR Group (MYRG) rating was a maintained with a price target of $124.00 to $153.00. The current price MYR Group (MYRG) is trading at is $147.86, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.