NYSE:MIC - Macquarie Infrastructure Price Target & Analyst Ratings

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.

3 Wall Street analysts have issued ratings and price targets for Macquarie Infrastructure in the last 12 months. Their average twelve-month price target is $50.3333, suggesting that the stock has a possible upside of 32.98%. The high price target for MIC is $60.00 and the low price target for MIC is $40.00. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."

Macquarie Infrastructure (NYSE:MIC) Consensus Price Target History

Macquarie Infrastructure (NYSE:MIC) Analyst Ratings History

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
7/9/2019	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$48.00 ➝ $51.00	Medium
4/16/2019	Barclays	Downgrade	Equal Weight ➝ Underweight	$42.00 ➝ $40.00	High
11/1/2018	Oppenheimer	Set Price Target	Buy	$60.00	High
7/27/2018	JPMorgan Chase & Co.	Boost Price Target	Neutral ➝ Neutral	$47.00 ➝ $48.00	Low
7/23/2018	SunTrust Banks	Set Price Target	Hold	$49.00	Low
2/23/2018	Wells Fargo & Co	Reiterated Rating	Outperform ➝ Market Perform		High
2/22/2018	Alembic Global Advisors	Reiterated Rating	Sell		High

(Data available from 8/20/2017 forward)