Meridian Energy Ltd
NZX:MEL

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Meridian Energy Ltd
NZX:MEL
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Price: 5.76 NZD -0.52% Market Closed
Market Cap: NZ$15.2B

Wall Street
Price Targets

MEL Price Targets Summary
Meridian Energy Ltd

Wall Street analysts forecast MEL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MEL is 6.4 NZD with a low forecast of 5.74 NZD and a high forecast of 7.06 NZD.

Lowest
Price Target
5.74 NZD
0% Downside
Average
Price Target
6.4 NZD
11% Upside
Highest
Price Target
7.06 NZD
23% Upside
Meridian Energy Ltd Competitors:
Price Targets

Revenue
Forecast

6% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
6% / Year
Past Growth
2% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

For the last 14 years the compound annual growth rate for Meridian Energy Ltd's revenue is 6%. The projected CAGR for the next 3 years is 2%.

Operating Income
Forecast

6% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss
6% / Year
Past Growth
0% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss

For the last 14 years the compound annual growth rate for Meridian Energy Ltd's operating income is 6%. The projected CAGR for the next 3 years is 0%.

Net Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-7%
Average Miss
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-7%
Average Miss
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MEL's stock price target?
Price Target
6.4 NZD

According to Wall Street analysts, the average 1-year price target for MEL is 6.4 NZD with a low forecast of 5.74 NZD and a high forecast of 7.06 NZD.

What is Meridian Energy Ltd's Revenue forecast?
Projected CAGR
2%

For the last 14 years the compound annual growth rate for Meridian Energy Ltd's revenue is 6%. The projected CAGR for the next 3 years is 2%.

What is Meridian Energy Ltd's Operating Income forecast?
Projected CAGR
0%

For the last 14 years the compound annual growth rate for Meridian Energy Ltd's operating income is 6%. The projected CAGR for the next 3 years is 0%.

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