Myers Indus (MYE, Financial) has recently received an upgrade in its stock rating. On June 13, 2025, Keybanc analyst Steve Barger shifted his rating on the company from "Sector Weight" to "Overweight". This move reflects a positive outlook on Myers Indus, suggesting potential growth opportunities and increased investor confidence in the company.
In addition to the rating upgrade, Keybanc set a new price target for Myers Indus (MYE, Financial) at $21.00 USD. This target provides an indication of the anticipated value of the stock, offering investors guidance on its expected market performance.
As Myers Indus (MYE, Financial) continues to navigate the market, this rating change and updated price target from a notable analyst could play a significant role in influencing investor decisions and the company's future trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Myers Industries Inc (MYE, Financial) is $21.00 with a high estimate of $21.00 and a low estimate of $21.00. The average target implies an upside of 44.43% from the current price of $14.54. More detailed estimate data can be found on the Myers Industries Inc (MYE) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Myers Industries Inc's (MYE, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Myers Industries Inc (MYE, Financial) in one year is $17.97, suggesting a upside of 23.59% from the current price of $14.54. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Myers Industries Inc (MYE) Summary page.
