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MEG Energy Corp (MEGEF)
:MEGEF
MEGEF Analyst Ratings
Moderate Buy
4 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MEGEF Stock 12 Month Forecast
Average Price Target
$21.36
▲(20.61% Upside)
| Highest Price Target$23.81 | Average Price Target$21.36 | Lowest Price Target$18.56 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Desjardins
Downgraded
03/19/25
Raymond James
Reiterated
03/03/25
RBC Capital
Reiterated
02/28/25
TD Securities
Reiterated
02/28/25
BMO Capital
Reiterated
02/27/25
Scotiabank
Initiated
02/18/25
National Bank
Reiterated
01/30/25
Jefferies
$18.21
Hold
2.80%
Upside
Reiterated
12/15/24
MEG Energy (MEGEF) Gets a Hold from Jefferies
J.P. Morgan
$23.11
Hold
30.48%
Upside
Reiterated
10/18/24
J.P. Morgan Sticks to Their Hold Rating for MEG Energy (MEGEF)
CIBC
$23.81→$22.41
Hold
26.53%
Upside
Reiterated
10/18/24
MEG Energy price target lowered to C$32 from C$34 at CIBCMEG Energy price target lowered to C$32 from C$34 at CIBC
Unknown Analyst
Not Ranked
TD Cowen
$22.41→$23.81
Buy
34.43%
Upside
Upgraded
06/06/24
TD Cowen Upgrades Meg Energy (MEG:CN) (MEGEF) to BuyTD Cowen analyst Menno Hulshof upgraded Meg Energy (MEG:CN) (OTC: MEGEF) from Hold to Buy with a price target of Cdn$34.00 (from Cdn$32.00).
Goldman Sachs
―
Hold
―
Reiterated
05/03/24
Maintaining Hold on MEG Energy: Balancing Operational Strength with Valuation Concerns
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Desjardins
Downgraded
03/19/25
Raymond James
Reiterated
03/03/25
RBC Capital
Reiterated
02/28/25
TD Securities
Reiterated
02/28/25
BMO Capital
Reiterated
02/27/25
Scotiabank
Initiated
02/18/25
National Bank
Reiterated
01/30/25
Jefferies
$18.21
Hold
2.80%
Upside
Reiterated
12/15/24
MEG Energy (MEGEF) Gets a Hold from Jefferies
J.P. Morgan
$23.11
Hold
30.48%
Upside
Reiterated
10/18/24
J.P. Morgan Sticks to Their Hold Rating for MEG Energy (MEGEF)
CIBC
$23.81→$22.41
Hold
26.53%
Upside
Reiterated
10/18/24
MEG Energy price target lowered to C$32 from C$34 at CIBCMEG Energy price target lowered to C$32 from C$34 at CIBC
Unknown Analyst
Not Ranked
TD Cowen
$22.41→$23.81
Buy
34.43%
Upside
Upgraded
06/06/24
TD Cowen Upgrades Meg Energy (MEG:CN) (MEGEF) to BuyTD Cowen analyst Menno Hulshof upgraded Meg Energy (MEG:CN) (OTC: MEGEF) from Hold to Buy with a price target of Cdn$34.00 (from Cdn$32.00).
Goldman Sachs
―
Hold
―
Reiterated
05/03/24
Maintaining Hold on MEG Energy: Balancing Operational Strength with Valuation Concerns
MEGEF Analyst Recommendation Trends
Rating
Oct 24
Nov 24
Jan 25
Feb 25
Mar 25
Strong Buy
7
9
9
11
6
Buy
0
0
0
0
0
Hold
7
7
6
4
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
14
16
15
15
9
Each month's total comprises the sum of three months' worth of ratings.
MEGEF Financial Forecast
MEGEF Stock Forecast FAQ
What is MEGEF’s average 12-month price target, according to analysts?
Based on analyst ratings, MEG Energy Corp’s 12-month average price target is $21.36.
What is MEGEF’s upside potential, based on the analysts’ average price target?
MEG Energy Corp has 20.61% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MEGEF a Buy, Sell or Hold?
MEG Energy Corp has a consensus rating of Moderate Buy which is based on 4 buy ratings, 3 hold ratings and 0 sell ratings.
What is MEG Energy Corp’s price target?
The average price target for MEG Energy Corp is $21.36. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $23.81 ,the lowest forecast is $18.56. The average price target represents 20.61% Increase from the current price of $17.71.
The highest analyst price target is $23.81 ,the lowest forecast is $18.56. The average price target represents 20.61% Increase from the current price of $17.71.
What do analysts say about MEG Energy Corp?
MEG Energy Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 Wall Streets Analysts.
How can I buy shares of MEGEF?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.