Buy
Average AnalystBuy
Top AnalystSlightly Bearish
Stock Target AdvisorHold
Average UserCAD 22.66
0.00 (0.00%)
CAD 6.14B
3.57M
CAD 31.98(+41.12%)
Based on the MEG Energy Corp stock forecast from 10 analysts, the average analyst target price for MEG Energy Corp is CAD 31.98 over the next 12 months. MEG Energy Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of MEG Energy Corp is Slightly Bearish, which is based on 4 positive signals and 5 negative signals. At the last closing, MEG Energy Corp’s stock price was CAD 22.66. MEG Energy Corp’s stock price has changed by -1.39% over the past week, -4.75% over the past month and -16.17% over the last year.
Target Price Action | Rating Action | Analyst | Rating | Price | Date |
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This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock is trading high compared to its peers median on a price to book value basis.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.