MGIC Stock Forecast & Price Target
MGIC Stock
Price Forecast
The average stock forecast for
Magic Software Enterprises Ltd (MGIC) in the next 12 months is 18.36 USD. This price target corresponds to an upside
of
5.64%. The range of stock forecasts for MGIC is 18.18 - 18.90 USD.
Based on the ratings of 8 analysts, the consensus recommendation for MGIC is
BUY.
| Target |
Low |
Average |
Median |
High |
| Price (USD) |
18.18 |
18.36 |
18.36 |
18.90 |
| Upside |
4.60% |
5.64% |
5.64% |
8.75% |
Recommendation Trends
The latest consensus rating for MGIC is "BUY". This is the average
recommendation of 8 analysts: 0 strong sell,
0 sell, 2 hold, 4 buy, 2 strong buy. In the previous period, 8 analysts also majorly recommmended
"BUY" for MGIC.
MGIC Financial Stock
Forecast
Revenue This Year
from 553.00M
Revenue Next Year
from 623.61M