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
Based on 6 analysts giving stock ratings to Magic Software Enterprises Ltd. in the past 3 months