MERCADOLIBRE INC (MELI)
US58733R1023 - Common Stock
ChartMill assigns a Buy % Consensus number of 84% to MELI. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 2397.11. This target is 13.22% above the current price.
MELI was analyzed by 27 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about MELI.
In the previous month the buy percentage consensus was at a similar level.
MELI was analyzed by 27 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-10-22 | Citigroup | Maintains | Buy -> Buy |
| 2024-10-11 | Redburn Atlantic | Initiate | Buy |
| 2024-10-07 | Cantor Fitzgerald | Reiterate | Overweight -> Overweight |
| 2024-10-02 | Barclays | Maintains | Overweight -> Overweight |
| 2024-10-02 | JP Morgan | Downgrade | Overweight -> Neutral |
| 2024-09-27 | Raymond James | Initiate | Outperform |
| 2024-09-23 | Cantor Fitzgerald | Reiterate | Overweight -> Overweight |
| 2024-09-20 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2024-09-12 | B of A Securities | Maintains | Buy -> Buy |
| 2024-09-05 | Cantor Fitzgerald | Initiate | Overweight |
| 2024-08-28 | Susquehanna | Maintains | Positive -> Positive |
| 2024-08-21 | BTIG | Maintains | Buy -> Buy |
| 2024-08-19 | Susquehanna | Maintains | Positive -> Positive |
| 2024-08-15 | Citigroup | Maintains | Buy -> Buy |
| 2024-08-08 | Goldman Sachs | Maintains | Buy -> Buy |
| 2024-08-06 | Barclays | Maintains | Overweight -> Overweight |
| 2024-08-06 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-08-02 | BTIG | Maintains | Buy -> Buy |
| 2024-05-20 | Jefferies | Upgrade | Hold -> Buy |
| 2024-05-13 | Barclays | Maintains | Overweight -> Overweight |
| 2024-05-03 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-04-24 | Wedbush | Maintains | Outperform -> Outperform |
| 2024-04-17 | UBS | Maintains | Buy -> Buy |
| 2024-04-03 | Barclays | Maintains | Overweight -> Overweight |
| 2024-03-27 | Citigroup | Maintains | Buy -> Buy |
| 2024-03-06 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-03-05 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-02-27 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-02-23 | Susquehanna | Maintains | Positive -> Positive |
| 2024-02-23 | Barclays | Maintains | Overweight -> Overweight |