16 analysts have expressed a variety of opinions on MercadoLibre (NASDAQ:MELI) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 9 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 4 | 1 | 0 | 0 |
| 2M Ago | 2 | 3 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 0 | 0 | 0 |
Analysts have set 12-month price targets for MercadoLibre, revealing an average target of $2388.44, a high estimate of $2800.00, and a low estimate of $2025.00. Marking an increase of 10.91%, the current average surpasses the previous average price target of $2153.46.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of MercadoLibre by financial experts is analyzed through recent...
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