Published On: Sat, Apr 22nd, 2017

New Analyst Ratings On MercadoLibre, Inc. (NASDAQ:MELI)


Recently stock market analysts have updated their consensus ratings on shares of MercadoLibre, Inc. (NASDAQ:MELI).

Most recent broker ratings

03/28/2017 – Barclays began new coverage on MercadoLibre, Inc. giving the company a “overweight” rating. They now have a USD 250 price target on the stock.

02/24/2017 – MercadoLibre, Inc. had its “market perform” rating reiterated by analysts at Cowen. They now have a USD 211 price target on the stock.

02/24/2017 – MercadoLibre, Inc. had its “hold” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 220 price target on the stock.

02/17/2017 – Pacific Crest began new coverage on MercadoLibre, Inc. giving the company a “overweight” rating. They now have a USD 210 price target on the stock.

02/07/2017 – MercadoLibre, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 200 price target on the stock.

01/30/2017 – MercadoLibre, Inc. was upgraded to “buy” by analysts at Bank of America Merrill Lynch. They now have a USD 210 price target on the stock.

12/07/2016 – MercadoLibre, Inc. was upgraded to “buy” by analysts at Goldman Sachs. They now have a USD 200 price target on the stock.

12/05/2016 – MercadoLibre, Inc. was downgraded to “neutral” by analysts at Susquehanna. They now have a USD 170 price target on the stock.

10/28/2016 – MercadoLibre, Inc. had its “underweight” rating reiterated by analysts at Morgan Stanley.

09/02/2016 – MercadoLibre, Inc. was upgraded to “overweight” by analysts at JP Morgan. They now have a USD 200 price target on the stock.

03/03/2016 – MercadoLibre, Inc. had its “hold” rating reiterated by analysts at HSBC. They now have a USD 105 price target on the stock.

01/12/2016 – MercadoLibre, Inc. had its “outperform” rating reiterated by analysts at Credit Suisse. They now have a USD 131 price target on the stock.

09/28/2015 – MercadoLibre, Inc. was downgraded to “sell” by analysts at Citigroup.

01/19/2015 – MercadoLibre, Inc. was downgraded to “neutral” by analysts at Zacks. They now have a USD 144.4 price target on the stock.

10/31/2014 – MercadoLibre, Inc. had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 100 price target on the stock.

MercadoLibre, Inc. has a 50 day moving average of 214.41 and a 200 day moving average of 184.24. The stock’s market capitalization is 9.88B, it has a 52-week low of 122.30 and a 52-week high of 226.21.

The share price of the company (NASDAQ:MELI) was up +0.18% during the last trading session, with a high of 225.00 and the volume of MercadoLibre, Inc. shares traded was 231293.