NYSE:MYE - Myers Industries Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $17.00
  • Forecasted Upside: -26.82 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$23.23
▲ +1.01 (4.55%)
1 month | 3 months | 12 months
Get New Myers Industries Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MYE and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MYE

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.
$17.00
▼ -26.82% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Myers Industries in the last 3 months. The average price target is $17.00, with a high forecast of $25.00 and a low forecast of $12.00. The average price target represents a -26.82% upside from the last price of $23.23.
Hold
The current consensus among 3 polled investment analysts is to hold stock in Myers Industries. This rating has held steady since February 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/15/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/14/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/13/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/11/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/9/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/8/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/6/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/8/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/23/2021CowenBoost Price TargetOutperform$23.00 ➝ $25.00High
i
5/7/2020Robert W. BairdLower Price TargetNeutral$16.00 ➝ $12.00High
i
4/15/2020JPMorgan Chase & Co.Lower Price TargetNeutral$17.00 ➝ $14.00Low
i
3/4/2020Robert W. BairdLower Price TargetNeutral$20.00 ➝ $16.00High
i
3/4/2020JPMorgan Chase & Co.Lower Price TargetNeutral$19.00 ➝ $17.00High
i
8/27/2019CowenUpgradeMarket Perform ➝ Outperform$20.00 ➝ $22.00Low
i
9/28/2018CowenInitiated CoverageMarket PerformHigh
i
8/28/2018KeyCorpReiterated RatingSector Weight ➝ Sector WeightLow
i
7/11/2018Robert W. BairdInitiated CoverageNeutral ➝ Neutral$21.00 ➝ $21.00High
i
7/11/2018JPMorgan Chase & Co.Initiated CoverageNeutral$22.00High
i
1/3/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$24.00High
i
11/7/2017KeyCorpReiterated RatingSell$15.00N/A
i
8/1/2017KeyCorpReiterated RatingSellMedium
i
2/14/2017SidotiInitiated CoverageBuyN/A
i
11/29/2016KeyCorpDowngradeSector Weight ➝ Underweight$13.00N/A
i
(Data available from 3/8/2016 forward)
Myers Industries logo
Myers Industries, Inc. manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets in the United States and internationally. It operates through two segments, Material Handling and Distribution. The Material Handling segment designs, manufactures, and markets various plastic and metal products, including plastic reusable material handling containers and small parts storage bins, plastic recreational vehicle tanks and parts, marine tanks and parts, portable plastic fuel tanks and water containers, portable marine fuel containers, ammunition containers, storage totes, bulk shipping containers, and metal carts and cabinets. It serves industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and other markets under the Buckhorn, Akro-Mils, Jamco, Ameri-Kart, and Scepter brands directly, as well as through distributors. The Distribution segment engages in the distribution of tools, equipment, and supplies for tire, wheel, and undervehicle service on passenger, heavy truck, and off-road vehicles; and manufacture and sale of tire repair materials and custom rubber products, as well as highway marking tapes. This segment serves retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. The company was founded in 1933 and is headquartered in Akron, Ohio.
Read More

Today's Range

Now: $23.23
$22.38
$23.25

50 Day Range

MA: $21.85
$20.05
$23.00

52 Week Range

Now: $23.23
$6.91
$23.15

Volume

2,168 shs

Average Volume

141,219 shs

Market Capitalization

$832.21 million

P/E Ratio

21.12

Dividend Yield

2.43%

Beta

1.49

Frequently Asked Questions

What sell-side analysts currently cover shares of Myers Industries?

The following equities research analysts have issued stock ratings on Myers Industries in the last year: Cowen Inc, JPMorgan Chase & Co., Robert W. Baird, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for MYE.

What is the current price target for Myers Industries?

3 Wall Street analysts have set twelve-month price targets for Myers Industries in the last year. Their average twelve-month price target is $17.00, suggesting a possible downside of 26.8%. Cowen Inc has the highest price target set, predicting MYE will reach $25.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $12.00 for Myers Industries in the next year.
View the latest price targets for MYE.

What is the current consensus analyst rating for Myers Industries?

Myers Industries currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MYE, but not buy more shares or sell existing shares.
View the latest ratings for MYE.

What other companies compete with Myers Industries?

Other companies that are similar to Myers Industries include Ball, Crown, AptarGroup, Berry Global Group, Silgan, Greif and O-I Glass.

How do I contact Myers Industries' investor relations team?

Myers Industries' physical mailing address is 1293 SOUTH MAIN STREET, AKRON OH, 44301. The industrial products company's listed phone number is 330-253-5592 and its investor relations email address is [email protected] The official website for Myers Industries is www.myersindustries.com.