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Asset logo for symbol MYRG
MYR Group
MYRG58
$107.49arrow_drop_up3.07%$3.20
Asset logo for symbol MYRG
MYRG58

$107.49

arrow_drop_up3.07%

AI Deep-Learning Forecast (MYRG)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

MYR Group (MYRG) Stocklytics Forecast

MYR Group Inc. (MYRG) is a leading specialty contractor serving the electrical infrastructure market in the United States. With more than a century of experience, the company has developed a strong reputation for delivering high-quality projects on time and within budget. As a result, MYRG stock has become a popular choice among investors who are looking for stable returns and long-term growth potential. Looking ahead, MYRG stock is expected to continue its upward trajectory and reach new highs in the coming years.
According to AI and machine learning algorithms, MYR Group Inc. (MYRG) stock is projected to experience significant growth in the next few years. These predictive models analyze various factors such as historical price trends, market conditions, and company performance to forecast future stock prices. Based on their analysis, MYRG stock is expected to reach a price target of $50 by 2023. This indicates a substantial increase from its current price and suggests that now could be a good time to consider buying MYRG stock.
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Frequently Asked Questions

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What is the analyst price prediction for MYR Group (MYRG) stock?

Analysts have set a target price of $124.43 for MYR Group (MYRG), based on forecasts from 14 analysts. The predicted price range extends from a high of $185 to a low of $21. This represents a potential increase of up to 72.11% and a decrease of -80.46% from the current price of $107.49. These forecasts are as of 2018 Aug 03.
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What are the analyst ratings for MYR Group (MYRG) stock?

The analyst ratings for MYR Group (MYRG) are distributed as follows: 3 analysts recommend buying, 3 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 MYR Group .
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What is the AI price prediction for MYR Group (MYRG) stock?

At present, there is no AI or machine-learning-based price prediction available for MYR Group (MYRG) 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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