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NASDAQ:MELIMercadolibre Price Target & Analyst Ratings

+11.63 (+1.06 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $1,111.64
50-Day Range
MA: $1,041.34
52-Week Range
Now: $1,111.64
Volume566,900 shs
Average Volume616,468 shs
Market Capitalization$55.26 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Mercadolibre (NASDAQ:MELI) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
18 Wall Street analysts have issued ratings and price targets for Mercadolibre in the last 12 months. Their average twelve-month price target is $989.41, suggesting that the stock has a possible downside of 11.00%. The high price target for MELI is $1,484.00 and the low price target for MELI is $548.00. There are currently 3 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.832.702.702.60
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
6 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $989.41$771.16$716.95$698.63
Price Target Upside: 11.00% downside10.21% downside3.04% downside6.14% upside

Mercadolibre (NASDAQ:MELI) Consensus Price Target History

Average Share Price and Price Target 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.

Mercadolibre (NASDAQ:MELI) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/11/2020UBS GroupBoost Price TargetBuy$1,040.00 ➝ $1,400.00Medium
8/11/2020BTIG ResearchBoost Price TargetBuy$980.00 ➝ $1,260.00High
8/11/2020Credit Suisse GroupBoost Price TargetOutperform$1,255.00 ➝ $1,484.00High
8/11/2020Susquehanna BancsharesUpgradeNeutral ➝ Positive$630.00 ➝ $1,300.00High
8/11/2020BarclaysBoost Price TargetOverweight$1,210.00 ➝ $1,340.00High
8/10/2020Stifel NicolausReiterated RatingHold$750.00 ➝ $1,125.00Medium
7/20/2020Bradesco CorretoraUpgradeNeutral ➝ Outperform$985.00 ➝ $1,250.00Medium
6/9/2020Bank of AmericaBoost Price TargetBuy$800.00 ➝ $1,100.00Medium
5/20/2020JPMorgan Chase & Co.Boost Price Target$800.00 ➝ $1,000.00Low
5/6/2020CitigroupUpgradeNeutral ➝ BuyHigh
4/1/2020Cantor FitzgeraldInitiated CoverageOverweight$548.00High
2/6/2020Jefferies Financial GroupInitiated CoverageHold$700.00Medium
1/22/2020Piper SandlerBoost Price TargetOverweight$675.00 ➝ $760.00Low
1/7/2020Morgan StanleyReiterated RatingOverweight$710.00High
12/30/2019Itau BBA SecuritiesUpgradeUnderperform ➝ Market PerformHigh
12/4/2019Deutsche BankReiterated RatingBuy$653.00 ➝ $670.00Low
9/10/2019Goldman Sachs GroupSet Price TargetBuy$713.00N/A
9/9/2019HSBCUpgradeHold ➝ Buy$575.00 ➝ $800.00High
8/12/2019CowenSet Price TargetHold$651.00Low
8/8/2019Piper Jaffray CompaniesBoost Price TargetOverweight$584.00 ➝ $675.00High
5/8/2019BBA Icatu SecuritiesDowngradeOutperform ➝ Underperform$400.00 ➝ $520.00Low
12/18/2018KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
(Data available from 8/14/2018 forward)
This page was last updated on 8/14/2020 by MarketBeat.com Staff

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