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MYR Group Inc has a consensus price target of $162.4 based on the ratings of 7 analysts. The high is $184 issued by Stifel on April 16, 2024. The low is $138 issued by Baird on October 31, 2024. The 3 most-recent analyst ratings were released by Stifel, Goldman Sachs, and Baird on December 11, 2024, November 4, 2024, and October 31, 2024, respectively. With an average price target of $154.33 between Stifel, Goldman Sachs, and Baird, there's an implied 0.67% upside 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 Stifel on December 11, 2024. The analyst firm set a price target for $172.00 expecting MYRG to rise to within 12 months (a possible 12.20% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for MYR Group (NASDAQ:MYRG) was provided by Stifel, 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 December 11, 2024 so you should expect the next rating to be made available sometime around December 11, 2025.
While ratings are subjective and will change, the latest MYR Group (MYRG) rating was a maintained with a price target of $153.00 to $172.00. The current price MYR Group (MYRG) is trading at is $153.30, which is within the analyst’s predicted range.
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