NYSE:MPLN - MultiPlan Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $9.25
  • Forecasted Upside: 33.48 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$6.93
▲ +0.44 (6.78%)
1 month | 3 months | 12 months
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Analyst Price Target for MPLN

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$9.25
▲ +33.48% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for MultiPlan in the last 3 months. The average price target is $9.25, with a high forecast of $10.00 and a low forecast of $7.00. The average price target represents a 33.48% upside from the last price of $6.93.
Buy
The current consensus among 4 investment analysts is to buy stock in MultiPlan.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/22/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/13/2021B. RileyInitiated CoverageBuy$10.00N/A
i
Rating by A. D'silva at B. Riley
4/7/2021B. RileyInitiated CoverageBuy$10.00Medium
i
Rating by A. D'silva at B. Riley
3/25/2021BarclaysInitiated CoverageEqual Weight$7.00Low
i
3/19/2021BarclaysInitiated CoverageEqual Weight$7.00Medium
i
11/16/2020Smith Barney CitigroupInitiated CoverageBuy$10.00Low
i
11/16/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellInitiated CoverageBuy$10.00Medium
i
(Data available from 4/22/2016 forward)
MultiPlan logo
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, insurance bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
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Today's Range

Now: $6.93
$6.50
$7.11

50 Day Range

MA: $6.25
$5.51
$7.78

52 Week Range

Now: $6.93
$5.48
$12.93

Volume

2,341,579 shs

Average Volume

2,173,266 shs

Market Capitalization

$4.64 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of MultiPlan?

The following Wall Street research analysts have issued stock ratings on MultiPlan in the last twelve months: B. Riley, Barclays PLC, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, and Smith Barney Citigroup.
View the latest analyst ratings for MPLN.

What is the current price target for MultiPlan?

4 Wall Street analysts have set twelve-month price targets for MultiPlan in the last year. Their average twelve-month price target is $9.25, suggesting a possible upside of 33.5%. B. Riley has the highest price target set, predicting MPLN will reach $10.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $7.00 for MultiPlan in the next year.
View the latest price targets for MPLN.

What is the current consensus analyst rating for MultiPlan?

MultiPlan currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MPLN will outperform the market and that investors should add to their positions of MultiPlan.
View the latest ratings for MPLN.

What other companies compete with MultiPlan?

How do I contact MultiPlan's investor relations team?

The company's listed phone number is 212-780-2000 and its investor relations email address is [email protected] The official website for MultiPlan is www.multiplan.us.