During the last three months, 8 analysts shared their evaluations of MercadoLibre (NASDAQ:MELI), revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 4 | 3 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $2263.12, along with a high estimate of $2480.00 and a low estimate of $2025.00. This upward trend is apparent, with the current average reflecting a 9.46% increase from the previous average price target of $2067.50.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of MercadoLibre's...
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