Breaking Down Montrose Environmental Gr: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Montrose Environmental Gr (NYSE:MEG) has been analyzed by 4 analysts, showing a shift towards a more bullish perspective in the last three months. The average 12-month price target is now $41.75, down from $46.00. The company's financial health shows positive revenue growth but challenges in ROE and ROA. Analysts' ratings range from 'Buy' to 'Overweight', with price targets varying from $36.00 to $54.00.
February 06, 2024 | 9:00 pm
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Montrose Environmental Gr has seen a shift towards a more bullish perspective among analysts, with a new average price target of $41.75, indicating a potential upside. The company's financial health is mixed, with strong revenue growth but challenges in ROE and ROA.
The shift towards a more bullish perspective among analysts, combined with the company's strong revenue growth, suggests a potential short-term positive impact on MEG's stock price. However, challenges in ROE and ROA may temper gains.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100