share_log

MGE Energy Analyst Ratings

Benzinga ·  Oct 25, 2023 20:34
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
10/25/2023 -13.49% Morgan Stanley $65 → $61 Maintains Underweight
09/21/2023 -7.81% Morgan Stanley $63 → $65 Maintains Underweight
08/23/2023 -10.65% Morgan Stanley $67 → $63 Maintains Underweight
07/21/2023 -4.98% Morgan Stanley $68 → $67 Maintains Underweight
06/23/2023 -3.56% Morgan Stanley $70 → $68 Maintains Underweight
05/22/2023 -0.72% Morgan Stanley $72 → $70 Maintains Underweight
04/20/2023 2.11% Morgan Stanley $68 → $72 Maintains Underweight
03/21/2023 -3.56% Morgan Stanley $72 → $68 Maintains Underweight
02/22/2023 2.11% Morgan Stanley $68 → $72 Maintains Underweight
01/30/2023 -3.56% Morgan Stanley $67 → $68 Maintains Underweight
01/23/2023 -4.98% Morgan Stanley $66 → $67 Maintains Underweight
12/15/2022 -6.4% Morgan Stanley $63 → $66 Maintains Underweight
11/11/2022 -10.65% Morgan Stanley $59 → $63 Maintains Underweight
10/21/2022 -16.32% Morgan Stanley $75 → $59 Maintains Underweight
09/22/2022 6.37% Morgan Stanley $77 → $75 Maintains Underweight
08/23/2022 9.2% Morgan Stanley $72 → $77 Maintains Underweight
07/21/2022 2.11% Morgan Stanley $67 → $72 Maintains Underweight
05/23/2022 4.95% Morgan Stanley $77 → $74 Maintains Underweight
05/02/2022 9.2% Morgan Stanley $78 → $77 Maintains Underweight
04/20/2022 10.62% Morgan Stanley $73 → $78 Maintains Underweight
03/22/2022 3.53% Morgan Stanley $69 → $73 Maintains Underweight
01/25/2022 2.11% Morgan Stanley $73 → $72 Maintains Underweight
12/21/2021 3.53% Morgan Stanley $69 → $73 Maintains Underweight
11/17/2021 -2.14% Morgan Stanley $71 → $69 Downgrades Equal-Weight → Underweight
09/17/2021 3.53% Morgan Stanley $74 → $73 Maintains Equal-Weight
08/19/2021 4.95% Morgan Stanley $71 → $74 Maintains Equal-Weight
07/20/2021 0.69% Morgan Stanley $73 → $71 Maintains Equal-Weight
06/21/2021 3.53% Morgan Stanley $71 → $73 Maintains Equal-Weight
05/18/2021 0.69% Morgan Stanley $73 → $71 Maintains Equal-Weight
04/27/2021 3.53% Morgan Stanley $69 → $73 Maintains Equal-Weight
04/20/2021 -2.14% Morgan Stanley $64 → $69 Maintains Equal-Weight
03/19/2021 -9.23% Morgan Stanley $65 → $64 Maintains Equal-Weight
01/20/2021 -7.81% Morgan Stanley $68 → $65 Maintains Equal-Weight
12/15/2020 -3.56% Morgan Stanley $66 → $68 Maintains Equal-Weight
11/17/2020 -6.4% Morgan Stanley $62 → $66 Maintains Equal-Weight
10/20/2020 -12.07% Morgan Stanley $60 → $62 Maintains Equal-Weight
10/05/2020 -14.91% Morgan Stanley $64 → $60 Maintains Equal-Weight
09/09/2020 -9.23% Morgan Stanley → $64 Initiates Coverage On → Equal-Weight

What is the target price for MGE Energy (MGEE)?

The latest price target for MGE Energy (NASDAQ: MGEE) was reported by Morgan Stanley on October 25, 2023. The analyst firm set a price target for $61.00 expecting MGEE to fall to within 12 months (a possible -13.49% downside). 13 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for MGE Energy (MGEE)?

The latest analyst rating for MGE Energy (NASDAQ: MGEE) was provided by Morgan Stanley, and MGE Energy maintained their underweight rating.

When is the next analyst rating going to be posted or updated for MGE Energy (MGEE)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MGE Energy, 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 MGE Energy was filed on October 25, 2023 so you should expect the next rating to be made available sometime around October 25, 2024.

Is the Analyst Rating MGE Energy (MGEE) correct?

While ratings are subjective and will change, the latest MGE Energy (MGEE) rating was a maintained with a price target of $65.00 to $61.00. The current price MGE Energy (MGEE) is trading at is $70.51, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment