Mistras Group (NYSE:MG) Price Target Lowered to $15.00 at Sidoti
Mistras Group (NYSE:MG) had its target price decreased by equities researchers at Sidoti from $21.00 to $15.00 in a report issued on Thursday, BenzingaRatingsTable reports. The firm presently has a “buy” rating on the technology company’s stock. Sidoti’s price target would indicate a potential upside of 266.30% from the stock’s current price.
A number of other equities analysts have also recently issued reports on MG. TheStreet cut Mistras Group from a “c-” rating to a “d+” rating in a report on Friday, February 14th. Maxim Group lowered their target price on Mistras Group to and set a “buy” rating for the company in a report on Tuesday, February 11th. ValuEngine cut Mistras Group from a “hold” rating to a “sell” rating in a report on Friday, March 13th. Finally, Zacks Investment Research raised Mistras Group from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $25.00.
MG traded up $0.69 on Thursday, reaching $4.10. The stock had a trading volume of 136,650 shares, compared to its average volume of 141,926. Mistras Group has a fifty-two week low of $2.77 and a fifty-two week high of $16.95. The firm has a 50-day moving average of $7.46 and a 200-day moving average of $12.49. The company has a current ratio of 1.73, a quick ratio of 1.61 and a debt-to-equity ratio of 0.98. The company has a market capitalization of $110.46 million, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 0.60 and a beta of 1.60.
Mistras Group Company Profile
Mistras Group, Inc provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers traditional non-destructive testing, and inspection and testing program services; and engineering consulting services.
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