OTCMKTS:MODVF - Melcor Developments Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.00
  • Forecasted Upside: 54.11 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$11.68
+0.30 (1.20%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Melcor Developments Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for MODVF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for MODVF

Analyst Price Target is $18.00
▲ +54.11% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Melcor Developments in the last 3 months. The average price target is $18.00, with a high forecast of $18.00 and a low forecast of $18.00. The average price target represents a 54.11% upside from the last price of $11.68.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in Melcor Developments.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/27/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/18/2021Royal Bank of CanadaBoost Price TargetSector PerformC$17.00 ➝ C$18.00
8/9/2021Royal Bank of CanadaBoost Price TargetSector PerformC$16.00 ➝ C$17.00
7/7/2021Royal Bank of CanadaBoost Price TargetSector PerformC$12.50 ➝ C$16.00
3/23/2021Royal Bank of CanadaBoost Price TargetSector Perform$10.00 ➝ $12.50
6/1/2020Royal Bank of CanadaLower Price TargetSector Perform$13.50 ➝ $10.00
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.55 (Buy)

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

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/28/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/27/2021

Current Sentiment

  • 0 very positive mentions
  • 3 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.
Melcor Developments logo
Melcor Developments Ltd. is a diversified real estate development and asset management company, which develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. It operates through the following segments: Community Development, Property Development, Investment Properties, Melcor REIT, and Recreational Properties. The Community Development segment focuses in the acquisition of raw land and plans, services, and markets urban communities. The Property Development segment focuses in the prime serviced commercial sites from the community development division to develop and lease high-quality retail, office, and industrial revenue-producing properties. The Investment Properties segment manages and leases residential, office, retail, and industrial properties, which are held as long-term investments. The Melcor REIT is an unincorporated, open-ended real estate investment trust. The Recreational Properties segment owns and manages championship golf courses. The company was founded by Louis Timothy Melton on June 1, 1923 and is headquartered in Edmonton, Canada.
Read More

Today's Range

Now: $11.68
Low: $11.68
High: $11.68

50 Day Range

MA: $11.61
Low: $10.18
High: $12.91

52 Week Range

Now: $11.68
Low: $6.06
High: $12.91

Volume

N/A

Average Volume

1,687 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Melcor Developments?

The following equities research analysts have issued stock ratings on Melcor Developments in the last twelve months: Royal Bank of Canada.
View the latest analyst ratings for MODVF.

What is the current price target for Melcor Developments?

1 Wall Street analysts have set twelve-month price targets for Melcor Developments in the last year. Their average twelve-month price target is $18.00, suggesting a possible upside of 54.1%. Royal Bank of Canada has the highest price target set, predicting MODVF will reach $18.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $18.00 for Melcor Developments in the next year.
View the latest price targets for MODVF.

What is the current consensus analyst rating for Melcor Developments?

Melcor Developments currently has 1 hold 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 MODVF, but not buy more shares or sell existing shares.
View the latest ratings for MODVF.

How do I contact Melcor Developments' investor relations team?

Melcor Developments' physical mailing address is 10310 Jasper Avenue, Edmonton, AB T5J. The company's listed phone number is (780) 423-6931. The official website for Melcor Developments is www.melcor.ca.