| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/21/2023 | 96.25% | EF Hutton | → $23 | Reiterates | Buy → Buy |
| 08/16/2023 | 96.25% | EF Hutton | → $23 | Reiterates | Buy → Buy |
| 08/03/2023 | 96.25% | EF Hutton | → $23 | Reiterates | Buy → Buy |
| 06/21/2023 | 87.71% | EF Hutton | $21 → $22 | Maintains | Buy |
| 06/09/2023 | 19.45% | Baird | → $14 | Downgrades | Outperform → Neutral |
| 05/17/2023 | 70.65% | Northland Capital Markets | → $20 | Initiates Coverage On | → Outperform |
| 05/05/2023 | 45.05% | Citigroup | $18 → $17 | Maintains | Buy |
| 05/04/2023 | 79.18% | EF Hutton | $22 → $21 | Maintains | Buy |
| 05/04/2023 | 19.45% | Baird | $16 → $14 | Maintains | Outperform |
| 04/26/2023 | 87.71% | EF Hutton | → $22 | Initiates Coverage On | → Buy |
| 12/09/2022 | 53.58% | Citigroup | $12 → $18 | Maintains | Buy |
| 11/03/2022 | 27.99% | Baird | → $15 | Upgrades | Neutral → Outperform |
| 01/21/2022 | 10.92% | Baird | $21 → $13 | Downgrades | Outperform → Neutral |
| 02/05/2021 | 70.65% | Baird | $14 → $20 | Maintains | Outperform |
| 08/06/2020 | -14.68% | Citigroup | $9 → $10 | Maintains | Buy |
| 04/01/2020 | -31.74% | Citigroup | $9 → $8 | Maintains | Buy |
| 06/03/2019 | 104.78% | Jefferies | → $24 | Initiates Coverage On | → Buy |
| 06/03/2019 | 62.12% | Baird | → $19 | Initiates Coverage On | → Outperform |
| 06/03/2019 | 45.05% | 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 21, 2023. The analyst firm set a price target for $23.00 expecting MEC to rise to within 12 months (a possible 96.25% upside). 12 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 21, 2023 so you should expect the next rating to be made available sometime around August 21, 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 $11.72, which is within the analyst's predicted range.