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Mgic Investment Corp. (MTG)

$21.15

Mgic Investment Corp. (MTG) Share Price Forecast
Currently 13 wall-street analysts regularly analyze the financials of Mgic Investment Corp. on a frequent basis to provide recommendations along with target share price. 13 analysts offering 12-month price forecasts for Mgic Investment Corp. (MTG) have a share price target of $22.56. This median of share price forecast represents a 6.67% upside from the latest price of $21.15 as on 05.06.24.

Mgic Investment Corp. (MTG) Price vs Consensus Price Target

Price
Target Price
As per the chart shown above, analysts believe that the Mgic Investment Corp. (MTG) share price will touch around $22.56 in next 12-months.
Mgic Investment Corp. (MTG) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between Mgic Investment Corp.'s share price and its median forecast price. As on 05.06.24, the difference is -8.91%

Mgic Investment Corp. (MTG): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms
Mgic Investment Corp. (MTG) Share Price : Analyst Recommendation
Based on 13 analysts tracking and researching Mgic Investment Corp. (MTG) share have buy recommendation on an average.

3M Ago1M AgoCurrent
Buy
4
4
3
Outperform
4
5
5
Hold
5
4
5
Underperform
0
0
0
Sell
0
0
0
Mgic Investment Corp. (MTG) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average
Price

200 Day Moving Average v/s Current Share Price

Moving Average
Price

FAQs

The latest share price target for Mgic Investment Corp. (MTG) is $22.56, offered by 13 analysts offering 12-month price forecasts.

Mgic Investment Corp. (MTG) has a maximum of 0.07 upside potential, based on 13 analysts offering 12-month price forecasts.

Based on 13 analysts tracking and researching Mgic Investment Corp. (MTG), 61.54% have a buy recommendation. Remaining 38.46% have either sell or hold recommendations.

The latest share price of Mgic Investment Corp. (MTG) is $21.15 as of 05/06/2024.

8 of total 13 analysts offering stock ratings for Mgic Investment Corp. MTG have recommended buy rating.