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MELCOR DEVELOPMENTS LTD (MRD.CA) Stock Analyst Ratings

TSX:MRD - Toronto Stock Exchange - CA5854671032 - Common Stock - Currency: CAD

12.32  +0.17 (+1.4%)

Buy % Consensus

46

ChartMill assigns a Buy % Consensus number of 46% to MRD.CA. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 14.28. This target is 15.91% above the current price.
MRD.CA was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about MRD.CA.
In the previous month the buy percentage consensus was at a similar level.
MRD.CA was analyzed by 7 analysts. More opinions would make the average more meaningful.
MRD.CA Historical Analyst RatingsMRD.CA Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -96 -87 -78 -69 -60 -51 -42 -33 -24 -15 -6 2 4 6

Price Target & Forecast

Price Low Median Mean High 12.3214.1414.2814.2814.70 - 14.77% 15.91% 15.91% 19.32%
MRD.CA Current Analyst RatingMRD.CA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5
Up and Down Grades
Date Firm Action Rating
2022-05-11 RBC Royalbank Downgrade Sector Perform
2022-03-21 RBC Royalbank Upgrade Sector Perform
2021-11-18 RBCRoyalBank Upgrade Sector Perform
2021-08-09 RBC Capital Upgrade Sector Perform
2021-07-07 RBC Capital Upgrade Sector Perform
2021-03-23 RBC Capital Upgrade Sector Perform