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S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself
S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
How to trade penny stocks: A step-by-step guide
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself
S&P 500   4,550.58
DOW   35,430.42
QQQ   389.81
How to trade penny stocks: A step-by-step guide
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
These are the top sectors for blue chip growth in 2024
MercadoLibre up 28% as Latin American ecommerce poised for growth
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
J&J, Gilead, BMS: A look at undervalued dividend payers
The 4 highest-shorted large-cap stocks
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
The JD.com train is getting ready to leave the station again
3 stocking stuffers you can buy for yourself

MGE Energy (MGEE) Stock Forecast & Price Target

$73.95
-0.96 (-1.28%)
(As of 11/29/2023 ET)
Compare
Today's Range
$73.70
$75.44
50-Day Range
$66.29
$74.95
52-Week Range
$65.10
$83.27
Volume
59,978 shs
Average Volume
90,227 shs
Market Capitalization
$2.67 billion
P/E Ratio
22.55
Dividend Yield
2.31%
Price Target
$62.00

MGE Energy Consensus Analyst Rating and Stock Price Forecast (2023)

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

Strong Sell
Based on 1 Analyst Ratings

Analysts' Consensus Price Target

$62.00
-16.16% Downside
High Forecast$62.00
Average Forecast$62.00
Low Forecast$62.00
TypeCurrent Forecast
11/30/22 to 11/30/23
1 Month Ago
10/31/22 to 10/31/23
3 Months Ago
9/1/22 to 9/1/23
1 Year Ago
11/30/21 to 11/30/22
Consensus Rating
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$62.00$61.00$63.00$67.00
Predicted Upside-16.16% Downside-13.49% Downside-16.97% Downside-8.58% Downside
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MGEE 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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MGEE 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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MGE Energy Stock vs. The Competition

TypeMGE EnergyUtilities CompaniesS&P 500
Consensus Rating Score
1.00
2.41
2.49
Consensus RatingStrong SellHoldHold
Predicted Upside-16.16% Downside65.85% Upside4,719.87% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$61.00 ➝ $62.00-15.18%
(Data available from 11/30/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












MGEE Price Target - Frequently Asked Questions

What is MGE Energy's consensus rating and price target?

According to the issued ratings of 1 analysts in the last year, the consensus rating for MGE Energy stock is Sell based on the current 1 sell rating for MGEE. The average twelve-month price prediction for MGE Energy is $62.00 with a high price target of $62.00 and a low price target of $62.00. Learn more on MGEE's analyst rating history.

Do Wall Street analysts like MGE Energy more than its competitors?

Analysts like MGE Energy less than other Utilities companies. The consensus rating for MGE Energy is Strong Sell while the average consensus rating for utilities companies is Hold. Learn more on how MGEE compares to other companies.

Does MGE Energy's stock price have much downside?

According to analysts, MGE Energy's stock has a predicted downside of -15.18% based on their 12-month stock forecasts.

What analysts cover MGE Energy?

MGE Energy has been rated by Morgan Stanley in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:MGEE) was last updated on 11/30/2023 by MarketBeat.com Staff

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