The average price target for Mirion Technologies (MIR) is $20.00.
Mirion Technologies, trading under the ticker symbol MIR, has a consensus price target based on recent analyses from Wall Street experts. This target represents the average expectation of where the stock price could be headed over a specific timeframe, typically 12 months.
Understanding Mirion Technologies' Price Targets
Analyst price targets are forecasts of a stock's future price, often based on a company's financial performance, industry trends, market conditions, and overall economic outlook. For Mirion Technologies, these forecasts provide an insightful look into how analysts view the company's potential.
- Average Price Target: The most commonly cited figure, representing the mean of all individual analyst forecasts. For MIR, this stands at $20.00.
- Highest and Lowest Forecasts: These indicate the range of expert opinions, from the most optimistic to the most conservative.
Here's a breakdown of the recent analyst price targets for Mirion Technologies:
| Metric | Price Target |
|---|---|
| Average Price Target | $20.00 |
| Highest Forecast | $21.00 |
| Lowest Forecast | $19.00 |
These targets are based on the 12-month projections of 3 Wall Street analysts, with their forecasts issued within the past three months. This recency adds to the relevance of these figures, reflecting current market conditions and company performance.
What Do These Targets Imply?
Analyst price targets serve several purposes for investors:
- Valuation Insight: They offer a perspective on whether a stock is currently considered undervalued or overvalued by professionals.
- Future Potential: They give an indication of the potential upside or downside of an investment over the projected period.
- Market Sentiment: The consensus target and the range of targets can reflect the overall sentiment and confidence of the analyst community in the company's prospects.
It's important for investors to consider price targets as one of many tools in their investment analysis, alongside fundamental research and personal financial goals.
