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MAGIC SOFTWARE ENTERPRISES (MGIC) Stock Analyst Ratings

NASDAQ:MGIC - Nasdaq - IL0010823123 - Common Stock - Currency: USD

16.25  +0.41 (+2.59%)

Buy % Consensus

80

ChartMill assigns a Buy % Consensus number of 80% to MGIC. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 16.32. This target is 0.43% above the current price.
MGIC was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about MGIC.
In the previous month the buy percentage consensus was at a similar level.
MGIC was analyzed by 8 analysts. More opinions would make the average more meaningful.
MGIC Historical Analyst RatingsMGIC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -101 -92 -83 -74 -65 -56 -47 -38 -29 -20 -11 -2 2 4 6 8

Price Target & Forecast

Price Low Median Mean High 16.2516.1616.3216.3216.80 - -0.55% 0.43% 0.43% 3.38%
MGIC Current Analyst RatingMGIC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0
Up and Down Grades
Date Firm Action Rating
2025-03-13 Barclays Maintains Overweight -> Overweight
2025-03-12 William Blair Downgrade Outperform -> Market Perform
2024-11-19 Barclays Maintains Overweight -> Overweight
2024-03-14 Barclays Maintains Overweight -> Overweight
2023-08-15 Barclays Maintains Overweight -> Overweight
2021-03-09 HC Wainwright & Co. Maintains Buy