During the last quarter, Montrose Environmental Group (NYSE: MEG) observed the following analyst notes:
|The last 30 days||1 month ago||2 months ago||3 months ago|
|A little bearish||0||0||0||0|
In the past 3 months, 6 analysts have offered 12 month price targets for Montrose Environmental Gr. The company has an average price target of $ 53.33 with a high of $ 62.00 and a low of 46. $ 00.
This current average is up 12.87% from the previous average price target of $ 47.25.
Analysts work in banking and financial systems and typically specialize in reporting on defined stocks or sectors. Analysts can attend conference calls and company meetings, research company financial statements, and communicate with insiders to post “analyst ratings” for stocks. Analysts typically rate each stock once per quarter.
Analysts can suggest stocks such as “buy,” “sell,” “hold,” or a similar verb for each stock based on research compiled from the corresponding company. Analysts who suggest “buy” tell traders to buy the stocks based on expected growth. On the other hand, analysts who suggest “sell” are telling traders to get rid of the stock due to an expected decline in the same way. Analysts who suggest “hold” tell investors they see stagnation in the short to medium term and hold on to the stock.
Some analysts publish their forecasts for metrics such as growth estimates, earnings and revenues to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and only offer their opinions to investors.
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