NASDAQ:MCMJ - Merida Merger Corp. I Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $15.00
  • Forecasted Upside: 49.70 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$10.02
+0.30 (1.20%)

This chart shows the closing price for MCMJ by one month, three months, or twelve months.

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Analyst Price Target for MCMJ

Analyst Price Target is $15.00
▲ +49.70% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Merida Merger Corp. I in the last 3 months. The average price target is $15.00, with a high forecast of $15.00 and a low forecast of $15.00. The average price target represents a 49.70% upside from the last price of $10.02.

This chart shows the closing price for MCMJ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in Merida Merger Corp. I.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/12/2020
  • 0 strong buy ratings
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  • 0 sell ratings
9/10/2020
  • 0 strong buy ratings
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12/9/2020
  • 0 strong buy ratings
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3/9/2021
  • 0 strong buy ratings
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6/7/2021
  • 0 strong buy ratings
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9/5/2021
  • 0 strong buy ratings
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11/4/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/11/2021BenchmarkInitiated CoverageBuy$15.00Low
(Data available from 12/4/2016 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
5/8/2021
  • 0 very positive mentions
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6/7/2021
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7/7/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
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8/6/2021
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/5/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/5/2021
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/4/2021
  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/4/2021

Current Sentiment

  • 0 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Merida Merger Corp. I logo
Merida Merger Corp. I does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York.
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Today's Range

Now: $10.02
Low: $10.00
High: $10.03

50 Day Range

MA: $10.12
Low: $9.97
High: $10.80

52 Week Range

Now: $10.02
Low: $9.75
High: $11.27

Volume

268,128 shs

Average Volume

744,645 shs

Market Capitalization

$150.10 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Merida Merger Corp. I?

The following equities research analysts have issued research reports on Merida Merger Corp. I in the last twelve months: Benchmark Co..
View the latest analyst ratings for MCMJ.

What is the current price target for Merida Merger Corp. I?

1 Wall Street analysts have set twelve-month price targets for Merida Merger Corp. I in the last year. Their average twelve-month price target is $15.00, suggesting a possible upside of 49.7%. Benchmark Co. has the highest price target set, predicting MCMJ will reach $15.00 in the next twelve months. Benchmark Co. has the lowest price target set, forecasting a price of $15.00 for Merida Merger Corp. I in the next year.
View the latest price targets for MCMJ.

What is the current consensus analyst rating for Merida Merger Corp. I?

Merida Merger Corp. I currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MCMJ will outperform the market and that investors should add to their positions of Merida Merger Corp. I.
View the latest ratings for MCMJ.

What other companies compete with Merida Merger Corp. I?

How do I contact Merida Merger Corp. I's investor relations team?

Merida Merger Corp. I's physical mailing address is 641 LEXINGTON AVENUE 18TH FLOOR, NEW YORK NY, 10022. The company's listed phone number is 917-745-7085. The official website for Merida Merger Corp. I is www.meridacap.com.