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Megaport Ltd. (MGPPF)
OTHER OTC:MGPPF
Megaport Ltd. (MGPPF) Stock Forecast & Price Target
47 Followers
See the Price Targets and Ratings of:
MGPPF Analyst Ratings
Strong Buy
8 Buy
2 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
MGPPF Stock 12 Month Forecast
Average Price Target
$9.93
▲(32.22% Upside)
| Highest Price Target$12.09 | Average Price Target$9.93 | Lowest Price Target$7.60 |
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
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Morgans
Reiterated
07/16/24
Citi
Reiterated
06/12/24
Jefferies
Reiterated
05/20/24
Morgan Stanley
Reiterated
04/30/24
Macquarie
Reiterated
04/30/24
RBC Capital
Reiterated
04/29/24
J.P. Morgan
Reiterated
04/29/24
Goldman Sachs
Reiterated
02/20/24
Canaccord Genuity
$7.8→$8.85
Buy
$8.85
(17.88% Upside)
Reiterated
08/23/23
Megaport Ltd. (MP1:AU) (MGPPF) PT Raised to AUD13.40 at Canaccord GenuityCanaccord Genuity analyst Conor O'Prey raised the price target on Megaport Ltd. (MP1:AU) (OTC: MGPPF) to AUD13.40 (from AUD11.80) while maintaining a Buy rating.
―
Ord Minnett
―
Buy
―
Reiterated
07/02/24
Ware Kuo
Not Ranked
Bank of America Securities
$5.29→$6.94
Hold
$6.94
(-7.63% Downside)
Upgraded
10/27/23
BofA Securities Upgrades Megaport Ltd. (MP1:AU) (MGPPF) to NeutralBofA Securities analyst Ware Kuo upgraded Megaport Ltd. (MP1:AU) (OTC: MGPPF) from Underperform to Neutral with a price target of AUD10.50 (from AUD8.00).
Best Analysts Covering Megaport Ltd.
Which Analyst Should I Follow If I Want to Buy MGPPF and Sell After:
1 Month
xxx
Success Rate
17/30 ratings generated profit
Average Return
+11.03%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 56.67% of your transactions generating a profit, with an average return of +11.03% per trade.
3 Months
xxx
Success Rate
16/30 ratings generated profit
Average Return
+9.82%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 53.33% of your transactions generating a profit, with an average return of +9.82% per trade.
1 Year
Success Rate
9/13 ratings generated profit
Average Return
+9.06%
reiterated a buy rating 5 months ago
Copying Kane Hannan's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +9.06% per trade.
2 Years
xxx
Success Rate
9/13 ratings generated profit
Average Return
+19.07%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 69.23% of your transactions generating a profit, with an average return of +19.07% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MGPPF Analyst Recommendation Trends
Rating
Feb 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
19
21
15
8
6
Buy
0
0
0
0
0
Hold
2
4
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
21
25
17
10
7
Each month's total comprises the sum of three months' worth of ratings.
MGPPF Financial Forecast
MGPPF Stock Forecast FAQ
What is MGPPF’s average 12-month price target, according to analysts?
Based on analyst ratings, Megaport Ltd.’s 12-month average price target is $9.93.
What is MGPPF’s upside potential, based on the analysts’ average price target?
Megaport Ltd. has 32.22% 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 MGPPF a Buy, Sell or Hold?
Megaport Ltd. has a consensus rating of Strong Buy which is based on 8 buy ratings, 2 hold ratings and 0 sell ratings.
What is Megaport Ltd.’s price target?
The average price target for Megaport Ltd. is $9.93. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $12.09 ,the lowest forecast is $7.60. The average price target represents 32.22% Increase from the current price of $7.51.
The highest analyst price target is $12.09 ,the lowest forecast is $7.60. The average price target represents 32.22% Increase from the current price of $7.51.
What do analysts say about Megaport Ltd.?
Megaport Ltd.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of MGPPF?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.