Marks Electrical Group (MRK) Stock Forecast & Price Target

GBX 71
+1.00 (+1.43%)
(As of 04/25/2024 ET)

Marks Electrical Group Consensus Analyst Rating 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.

Analysts' Consensus Rating

Buy
Based on 3 Analyst Ratings

Analysts' Consensus Price Target

GBX 111.50
High ForecastGBX 123
Average ForecastGBX 111.50
Low ForecastGBX 100
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Buy
Moderate Buy
Moderate 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
3 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
1 Hold rating(s)
1 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 TargetGBX 111.50GBX 123GBX 123GBX 120
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MRK Analyst Ratings 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.
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MRK 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.
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Marks Electrical Group Stock vs. The Competition

TypeMarks Electrical GroupConsumer Cyclical Companies
Consensus Rating Score
3.00
2.48
Consensus RatingBuyHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2024Shore Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy
4/16/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuyGBX 100+47.06%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:10 PM ET.

MRK Price Target - Frequently Asked Questions

What is Marks Electrical Group's consensus rating and price target?

According to the issued ratings of 3 analysts in the last year, the consensus rating for Marks Electrical Group stock is Buy based on the current 3 buy ratings for MRK. The average twelve-month price prediction for Marks Electrical Group is GBX 111.50 with a high price target of GBX 123 and a low price target of GBX 100. Learn more on MRK's analyst rating history.

Do Wall Street analysts like Marks Electrical Group more than its competitors?

Analysts like Marks Electrical Group more than other Consumer Cyclical companies. The consensus rating for Marks Electrical Group is Buy while the average consensus rating for consumer cyclical companies is Hold. Learn more on how MRK compares to other companies.

Does Marks Electrical Group's stock price have much upside?

According to analysts, Marks Electrical Group's stock has a predicted upside of 37.61% based on their 12-month stock forecasts.

What analysts cover Marks Electrical Group?

Marks Electrical Group has been rated by Canaccord Genuity Group, and Shore Capital in the past 90 days.


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This page (LON:MRK) was last updated on 4/25/2024 by MarketBeat.com Staff

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