| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/06/2023 | 16.95% | Oppenheimer | $114 → $116 | Maintains | Outperform |
| 02/23/2023 | 14.93% | Oppenheimer | $107 → $114 | Maintains | Outperform |
| 02/02/2023 | 28.04% | Sidoti & Co. | → $127 | Upgrades | Neutral → Buy |
| 11/16/2022 | 6.87% | Sidoti & Co. | → $106 | Downgrades | Buy → Neutral |
| 08/12/2020 | — | Oppenheimer | Upgrades | Perform → Outperform | |
| 02/04/2020 | -0.19% | Sidoti & Co. | $90 → $99 | Maintains | Buy |
| 09/12/2019 | -13.3% | Sidoti & Co. | $83 → $86 | Maintains | Buy |
| 07/31/2019 | -16.32% | Sidoti & Co. | $78 → $83 | Maintains | Buy |
What is the target price for McGrath RentCorp (MGRC)?
The latest price target for McGrath RentCorp (NASDAQ: MGRC) was reported by Oppenheimer on October 6, 2023. The analyst firm set a price target for $116.00 expecting MGRC to rise to within 12 months (a possible 16.95% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for McGrath RentCorp (MGRC)?
The latest analyst rating for McGrath RentCorp (NASDAQ: MGRC) was provided by Oppenheimer, and McGrath RentCorp maintained their outperform rating.
When is the next analyst rating going to be posted or updated for McGrath RentCorp (MGRC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McGrath RentCorp, 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 McGrath RentCorp was filed on October 6, 2023 so you should expect the next rating to be made available sometime around October 6, 2024.
Is the Analyst Rating McGrath RentCorp (MGRC) correct?
While ratings are subjective and will change, the latest McGrath RentCorp (MGRC) rating was a maintained with a price target of $114.00 to $116.00. The current price McGrath RentCorp (MGRC) is trading at is $99.19, which is out of the analyst's predicted range.