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NYSE: MEG
Montrose Environmental Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MEG

Based on 4 analysts offering 12 month price targets for Montrose Environmental Group Inc.
Min Forecast
$39.00+11.14%
Avg Forecast
$45.75+30.38%
Max Forecast
$54.00+53.89%

Should I buy or sell MEG stock?

Based on 5 analysts offering ratings for Montrose Environmental Group Inc.
Buy
Strong Buy
1 analysts 20%
Buy
1 analysts 20%
Hold
3 analysts 60%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MEG stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 1%
100
BuyReiterates$54.00+53.89%2023-05-12
Morgan Stanley
Top 15%
86
HoldMaintains$43.00+22.54%2023-03-09
JP Morgan
Top 36%
65
HoldDowngrades$39.00+11.14%2023-03-02
Morgan Stanley
Bottom 24%
24
HoldMaintains$47.00+33.94%2022-12-14
Bank of America
Top 14%
87
Strong BuyUpgradesN/AN/A2022-12-12Find out why

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Forecast return on equity

Is MEG forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
70.69%

Forecast return on assets

Is MEG forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MEG revenue growth forecast

How is MEG forecast to perform vs Waste Management companies and vs the US market?
Company
9.66%
Industry
6.31%
Market
8.41%
MEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MEG's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MEG vs Waste Management Stocks

TickerPricePrice TargetUp/downsideConsensus
MEG$35.09$45.75+30.38%Buy
LICY$4.72$7.21+52.84%Buy
HCCI$33.16$44.17+33.19%Strong Buy
AMBI$5.60N/AN/A
PESI$10.80N/AN/A
View Top Waste Management Stocks

Montrose Environmental Group Stock Forecast FAQ

Is Montrose Environmental Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: MEG) stock is to Buy MEG stock.

Out of 5 analysts, 1 (20%) are recommending MEG as a Strong Buy, 1 (20%) are recommending MEG as a Buy, 3 (60%) are recommending MEG as a Hold, 0 (0%) are recommending MEG as a Sell, and 0 (0%) are recommending MEG as a Strong Sell.

If you're new to stock investing, here's how to buy Montrose Environmental Group stock.

What is MEG's forecast return on equity (ROE) for 2023-2026?

(NYSE: MEG) forecast ROE is N/A, which is considered weak.

What is MEG's Price Target?

According to 4 Wall Street analysts that have issued a 1 year MEG price target, the average MEG price target is $45.75, with the highest MEG stock price forecast at $54.00 and the lowest MEG stock price forecast at $39.00.

On average, Wall Street analysts predict that Montrose Environmental Group's share price could reach $45.75 by May 12, 2024. The average Montrose Environmental Group stock price prediction forecasts a potential upside of 30.38% from the current MEG share price of $35.09.

What is MEG's forecast return on assets (ROA) for 2023-2026?

(NYSE: MEG) forecast ROA is N/A, which is lower than the forecast US Waste Management industry average of N/A.
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