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Critical Insights From MercadoLibre Analyst Ratings: What You Need To Know

Benzinga ·  Mar 27 15:00

Across the recent three months, 8 analysts have shared their insights on MercadoLibre (NASDAQ:MELI), expressing a variety of opinions spanning from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings26000
Last 30D10000
1M Ago03000
2M Ago03000
3M Ago10000

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $1998.75, along with a high estimate of $2150.00 and a low estimate of $1900.00. This upward trend is apparent, with the current average reflecting a 8.14% increase from the previous average price target of $1848.33.

price target chart

Decoding Analyst Ratings: A Detailed Look

The standing of MercadoLibre...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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