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Breaking Down MercadoLibre: 10 Analysts Share Their Views

Benzinga ·  04:00

Across the recent three months, 10 analysts have shared their insights on MercadoLibre (NASDAQ:MELI), expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings44200
Last 30D00100
1M Ago01000
2M Ago12100
3M Ago31000

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $2308.0, a high estimate of $2800.00, and a low estimate of $1950.00. Observing a downward trend, the current average is 2.07% lower than the prior average price target of $2356.67.

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Decoding Analyst Ratings: A Detailed Look

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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
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