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Asset logo for symbol MGIC
Magic Software Enterprises Ltd
MGIC60
$15.08arrow_drop_up0.59%$0.08
Asset logo for symbol MGIC
MGIC60

$15.08

arrow_drop_up0.59%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Magic Software Enterprises Ltd (MGIC) Stocklytics Forecast

Magic Software Enterprises Ltd (MGIC) is a technology company that specializes in providing innovative software solutions to businesses across various industries. With its extensive expertise in the field of software development and integration, Magic Software Enterprises Ltd has consistently delivered cutting-edge solutions that help organizations streamline their operations and achieve their business goals.
When it comes to predicting the stock price of Magic Software Enterprises Ltd (MGIC), both AI and machine learning algorithms can play a crucial role. These advanced technologies have the potential to analyze vast amounts of data and detect patterns that may not be obvious to human analysts. By leveraging AI and machine learning prediction models, investors can gain valuable insights into the future performance of MGIC stock.
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Frequently Asked Questions

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What is the analyst price prediction for Magic Software Enterprises Ltd (MGIC) stock?

Analysts have set a target price of $15.5 for Magic Software Enterprises Ltd (MGIC), based on forecasts from 5 analysts. The predicted price range extends from a high of $20 to a low of $8.5. This represents a potential increase of up to 32.63% and a decrease of -43.63% from the current price of $15.08. These forecasts are as of 2014 Mar 11.
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What are the analyst ratings for Magic Software Enterprises Ltd (MGIC) stock?

The analyst ratings for Magic Software Enterprises Ltd (MGIC) are distributed as follows: 1 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering Magic Software Enterprises Ltd.
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What is the AI price prediction for Magic Software Enterprises Ltd (MGIC) stock?

At present, there is no AI or machine-learning-based price prediction available for Magic Software Enterprises Ltd (MGIC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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