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Mayville Engineering Analyst Ratings

Benzinga ·  Aug 16, 2023 19:12
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/16/2023 91.99% EF Hutton → $23 Reiterates Buy → Buy
08/03/2023 91.99% EF Hutton → $23 Reiterates Buy → Buy
06/21/2023 83.64% EF Hutton $21 → $22 Maintains Buy
06/09/2023 16.86% Baird → $14 Downgrades Outperform → Neutral
05/17/2023 66.94% Northland Capital Markets → $20 Initiates Coverage On → Outperform
05/05/2023 41.9% Citigroup $18 → $17 Maintains Buy
05/04/2023 75.29% EF Hutton $22 → $21 Maintains Buy
05/04/2023 16.86% Baird $16 → $14 Maintains Outperform
04/26/2023 83.64% EF Hutton → $22 Initiates Coverage On → Buy
12/09/2022 50.25% Citigroup $12 → $18 Maintains Buy
11/03/2022 25.21% Baird → $15 Upgrades Neutral → Outperform
01/21/2022 8.51% Baird $21 → $13 Downgrades Outperform → Neutral
02/05/2021 66.94% Baird $14 → $20 Maintains Outperform
08/06/2020 -16.53% Citigroup $9 → $10 Maintains Buy
04/01/2020 -33.22% Citigroup $9 → $8 Maintains Buy
06/03/2019 100.33% Jefferies → $24 Initiates Coverage On → Buy
06/03/2019 58.6% Baird → $19 Initiates Coverage On → Outperform
06/03/2019 41.9% UBS → $17 Initiates Coverage On → Neutral

What is the target price for Mayville Engineering (MEC)?

The latest price target for Mayville Engineering (NYSE: MEC) was reported by EF Hutton on August 16, 2023. The analyst firm set a price target for $23.00 expecting MEC to rise to within 12 months (a possible 91.99% upside). 11 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Mayville Engineering (MEC)?

The latest analyst rating for Mayville Engineering (NYSE: MEC) was provided by EF Hutton, and Mayville Engineering reiterated their buy rating.

When is the next analyst rating going to be posted or updated for Mayville Engineering (MEC)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mayville Engineering, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mayville Engineering was filed on August 16, 2023 so you should expect the next rating to be made available sometime around August 16, 2024.

Is the Analyst Rating Mayville Engineering (MEC) correct?

While ratings are subjective and will change, the latest Mayville Engineering (MEC) rating was a reiterated with a price target of $0.00 to $23.00. The current price Mayville Engineering (MEC) is trading at is $11.98, which is within the analyst's predicted range.

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