The prediction for Metcash (MTS) indicates an average price target of AU$3.69 based on insights from Wall Street analysts. This forecast suggests a potential 18.33% increase from its last recorded price of AU$3.12.
Analyst Consensus for Metcash
Financial analysts provide a forward-looking perspective on Metcash Limited's stock performance over a 12-month period. These price targets are derived from in-depth analysis of the company's financials, market conditions, and future prospects.
Based on the consensus of 10 Wall Street analysts over the past three months, the prediction for Metcash's share price offers a range of potential outcomes:
- Average Price Target: This represents the collective opinion of analysts on where the stock is likely to trade.
- High Forecast: The most optimistic projection, indicating the maximum potential upside seen by analysts.
- Low Forecast: The most conservative projection, indicating the minimum potential price.
Metcash Price Target Breakdown
Here's a summary of the predictions for Metcash:
| Metric | Value | Notes |
|---|---|---|
| Last Price | AU$3.12 | Current market price. |
| Average Price Target | AU$3.69 | Consensus among analysts. |
| High Forecast | AU$4.42 | Most optimistic analyst prediction. |
| Low Forecast | AU$3.11 | Most conservative analyst prediction. |
| Percentage Change | +18.33% | Potential upside from the last price. |
| Number of Analysts | 10 | Number of analysts contributing to the forecast. |
| Timeframe | 12 months | The period over which the forecast is made. |
This analysis provides investors with a valuable benchmark for evaluating Metcash's potential future performance and making informed investment decisions.
