Analyst Price Target is $47.97
▲ +13.16% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Methode Electronics in the last 3 months. The average price target is $47.97, with a high forecast of $47.97 and a low forecast of $47.97. The average price target represents a 13.16% upside from the last price of $42.39.
Current Consensus is
The current consensus among 1 investment analysts is to hold stock in Methode Electronics. This rating has held steady since March 2021, when it changed from a Buy consensus rating.
Methode Electronics, Inc. engages in the manufacture of component and subsystem devices. It operates through the following segments: Automotive, Interface, Industrial, and Medical. The Automotive segment supplies electronic and electromechanical devices, and related products to automobile original equipment manufacturers. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, construction, consumer, material handling, medical, military, mining, point-of-sale, and telecommunications markets. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars, and devices. The Medical segment refers to the medical device business. The company was founded by William Joseph McGinley in 1946 and is headquartered in Chicago, IL.