Michelmersh Brick (MBH) Stock Forecast & Price Target

GBX 102

-1.00 (-0.97%)

(As of 11:48 AM ET)

Michelmersh Brick - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Michelmersh Brick in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 2 have given a buy rating for MBH.

Consensus Price Target

GBX 175

High Forecast	GBX 180
Average Forecast	GBX 175
Low Forecast	GBX 170

According to the 2 analysts' twelve-month price targets for Michelmersh Brick, the average price target is GBX 175. The highest price target for MBH is GBX 180, while the lowest price target for MBH is GBX 170. The average price target represents a forecasted upside of 71.57% from the current price of GBX 102.

Type	Current Forecast 9/18/23 to 9/17/24	1 Month Ago 8/19/23 to 8/18/24	3 Months Ago 6/20/23 to 6/19/24	1 Year Ago 9/18/22 to 9/18/23
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 175	GBX 175	GBX 175	GBX 176.67

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MBH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MBH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Michelmersh Brick Stock vs. The Competition

Type	Michelmersh Brick	Basic Materials Companies
Consensus Rating Score	3.00	2.71
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
9/3/2024	Berenberg Bank 2 of 5 stars		Lower Target	Buy	GBX 180 ➝ GBX 170	+72.85%
5/16/2024	Canaccord Genuity Group 4 of 5 stars		Reiterated Rating	Buy	GBX 180	+73.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:54 PM ET.

MBH Forecast - Frequently Asked Questions

What is Michelmersh Brick's forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Michelmersh Brick is GBX 175, with a high forecast of GBX 180 and a low forecast of GBX 170.
Should I buy or sell Michelmersh Brick stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Michelmersh Brick in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MBH shares.
Does Michelmersh Brick's stock price have much upside?: According to analysts, Michelmersh Brick's stock has a predicted upside of 72.97% based on their 12-month stock forecasts.
What analysts cover Michelmersh Brick?: Michelmersh Brick has been rated by research analysts at Berenberg Bank in the past 90 days.
Do Wall Street analysts like Michelmersh Brick more than its competitors?: Analysts like Michelmersh Brick more than other "basic materials" companies. The consensus rating for Michelmersh Brick is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how MBH compares to other companies.