Providing a diverse range of perspectives from bullish to bearish, 13 analysts have published ratings on MercadoLibre (NASDAQ:MELI) in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 10 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 3 | 0 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 6 | 0 | 0 | 0 |
Analysts have set 12-month price targets for MercadoLibre, revealing an average target of $1953.08, a high estimate of $2150.00, and a low estimate of $1800.00. This upward trend is apparent, with the current average reflecting a 1.96% increase from the previous average price target of $1915.56.
Interpreting Analyst Ratings: A Closer Look
An in-depth analysis...
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