MERCADOLIBRE INC (MELI)
US58733R1023 - Common Stock
ChartMill assigns a Buy % Consensus number of 82% to MELI. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 1986.38. This target is 41.28% above the current price.
MELI was analyzed by 25 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about MELI.
In the previous month the buy percentage consensus was at a similar level.
MELI was analyzed by 25 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-24 | Wedbush | Maintains | Outperform -> Outperform |
| 2024-04-17 | UBS | Maintains | Buy -> Buy |
| 2024-04-03 | Barclays | Maintains | Overweight -> Overweight |
| 2024-03-27 | Citigroup | Maintains | Buy -> Buy |
| 2024-03-06 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-03-05 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-02-27 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-02-23 | Susquehanna | Maintains | Positive -> Positive |
| 2024-02-23 | Barclays | Maintains | Overweight -> Overweight |
| 2024-02-23 | Wedbush | Maintains | Outperform -> Outperform |
| 2024-01-03 | Citigroup | Maintains | Buy -> Buy |
| 2023-12-27 | Wedbush | Maintains | Outperform -> Outperform |
| 2023-11-28 | Susquehanna | Maintains | Positive -> Positive |
| 2023-11-02 | Wedbush | Reiterate | Outperform -> Outperform |
| 2023-09-18 | Susquehanna | Maintains | Positive -> Positive |
| 2023-09-01 | New Street Research | Upgrade | Neutral -> Buy |
| 2023-08-30 | UBS | Maintains | Buy -> Buy |
| 2023-08-22 | Wedbush | Initiate | Outperform |
| 2023-08-09 | Goldman Sachs | Maintains | Buy -> Buy |
| 2023-08-08 | Barclays | Maintains | Overweight -> Overweight |
| 2023-08-07 | JP Morgan | Maintains | Overweight -> Overweight |
| 2023-08-03 | Credit Suisse | Maintains | Outperform -> Outperform |
| 2023-07-31 | Credit Suisse | Maintains | Outperform -> Outperform |
| 2023-07-25 | Jefferies | Maintains | Hold -> Hold |
| 2023-07-10 | B of A Securities | Downgrade | Buy -> Neutral |
| 2023-06-08 | Citigroup | Maintains | Buy |
| 2023-05-08 | JP Morgan | Maintains | Overweight |
| 2023-05-04 | BTIG | Maintains | Buy |
| 2023-05-04 | Barclays | Maintains | Overweight |
| 2023-05-04 | Credit Suisse | Maintains | Outperform |