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Magic Software Enterprises Ltd. MGIC NASDAQ

NASDAQ Global Select • Technology • Information Technology Services • IL • USD

SharesGrow Score
65/100
4/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$18.50
+6.4%

Magic Software Enterprises Ltd. (MGIC) — Analyst outlook / Analyst consensus target is. Based on 6 analyst ratings, the consensus is neutral — 2 Buy, 2 Hold, 2 Sell.

The consensus price target is $18.50 (low: $15.00, high: $22.00), representing an upside of 6.4% from the current price $17.38.

MGIC Stock — 12-Month Price Forecast

$18.50
▲ +6.44% Upside
Average Price Target
Based on 6 Wall Street analysts offering 12-month price targets for Magic Software Enterprises Ltd., the average price target is $18.50, with a high forecast of $22.00, and a low forecast of $15.00.
The average price target represents a +6.44% change from the last price of $17.38.
Highest Price Target
$22.00
Average Price Target
$18.50
Lowest Price Target
$15.00

MGIC Analyst Ratings

Buy
6
Ratings
2 Buy
2 Hold
2 Sell
Based on 6 analysts giving stock ratings to Magic Software Enterprises Ltd. in the past 3 months
Rating breakdown
Buy
2 33%
Hold
2 33%
Sell
2 33%
33%
Buy
2 analysts
33%
Hold
2 analysts
33%
Sell
2 analysts
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