OTCMKTS:MODVF - Melcor Developments Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $16.00
  • Forecasted Upside: 51.70 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$10.55
▲ +0.18 (1.74%)

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Analyst Price Target for MODVF

Analyst Price Target is $16.00
▲ +51.70% 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 $16.00, with a high forecast of $16.00 and a low forecast of $16.00. The average price target represents a 51.70% upside from the last price of $10.55.

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

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Current Consensus is Hold

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

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/25/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/25/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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 7/25/2016 forward)
Melcor Developments logo
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, Melcor REIT, Investment Properties, and Recreational Property segments. It develops and manages owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties, as well as multi-family residential properties; and acquires and owns residential, office, retail, and industrial properties. It also owns and manages three 18-hole championship golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.
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Today's Range

Now: $10.55
Low: $10.40
High: $10.55

50 Day Range

MA: $10.95
Low: $10.37
High: $11.34

52 Week Range

Now: $10.55
Low: $4.15
High: $11.35

Volume

1,413 shs

Average Volume

1,793 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 $16.00, suggesting a possible upside of 51.7%. Royal Bank of Canada has the highest price target set, predicting MODVF will reach $16.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $16.00 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.

What other companies compete with Melcor Developments?

How do I contact Melcor Developments' investor relations team?

The company's listed phone number is (780) 423-6931. The official website for Melcor Developments is www.melcor.ca.