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MEG Energy - MEG Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: C$28.00
  • Forecasted Upside: -9.36%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$30.89 As of 11/14/2025 05:22 PM ET
▲ +0.22 (0.72%)

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

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Analyst Price Target for MEG

Analyst Price Target is C$28.00
▼ -9.36% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for MEG Energy in the last 3 months. The average price target is C$28.00, with a high forecast of C$28.00 and a low forecast of C$28.00. The average price target represents a -9.36% upside from the last price of C$30.89.

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

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Current Consensus is Reduce

The current consensus among 2 polled investment analysts is to reduce stock in MEG Energy. This rating has held steady since October 2025, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2025
  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/21/2025
  • 1 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/19/2025
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/18/2025
  • 1 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/16/2026
  • 1 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/18/2026

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/22/2025TD SecuritiesDowngradeBuy ➝ SellC$30.00 ➝ C$28.00
9/25/2025ATB Cormark Capital MarketsDowngradeStrong-Buy ➝ Hold
8/25/2025DesjardinsDowngradeHold ➝ TenderC$28.00
4/10/2025Canadian Imperial Bank of CommerceLower TargetC$32.00 ➝ C$28.00
3/19/2025ScotiabankUpgradeStrong-Buy
3/19/2025DesjardinsDowngradeBuy ➝ HoldC$29.00 ➝ C$26.50
2/28/2025TD SecuritiesLower TargetBuyC$33.00 ➝ C$32.00
1/30/2025National Bank FinancialBoost TargetSector PerformC$27.00 ➝ C$28.00
1/28/2025DesjardinsUpgradeHold ➝ Moderate Buy
1/14/2025Royal Bank Of CanadaLower TargetC$33.00 ➝ C$31.00
11/27/2024ATB Cormark Capital MarketsLower TargetC$37.00 ➝ C$35.00
11/27/2024Royal Bank Of CanadaLower TargetC$34.00 ➝ C$33.00
11/7/2024Royal Bank Of CanadaLower TargetC$35.00 ➝ C$34.00
11/6/2024TD SecuritiesBoost TargetBuyC$35.00 ➝ C$36.00
10/4/2024BMO Capital MarketsLower TargetC$37.00 ➝ C$34.00
9/27/2024National Bank FinancialLower TargetC$35.00 ➝ C$31.00
9/25/2024ScotiabankUpgradeSector Perform ➝ OutperformC$35.00
9/17/2024Royal Bank Of CanadaLower TargetC$39.00 ➝ C$35.00
9/16/2024Jefferies Financial GroupLower TargetHoldC$32.00 ➝ C$26.00
7/15/2024Jefferies Financial GroupLower TargetHoldC$35.00 ➝ C$32.00
7/12/2024ScotiabankBoost TargetC$34.00 ➝ C$35.00
6/7/2024TD SecuritiesUpgradeHold ➝ Strong-Buy
5/29/2024Raymond James FinancialSet TargetMarket PerformC$28.00
5/7/2024TD SecuritiesBoost TargetHoldC$31.00 ➝ C$32.00
4/22/2024Canadian Imperial Bank of CommerceBoost TargetNeutralC$30.00 ➝ C$34.00
4/19/2024National Bank FinancialBoost TargetSector PerformC$32.00 ➝ C$37.00
4/12/2024Jefferies Financial GroupBoost TargetHoldC$28.00 ➝ C$35.00
4/9/2024Royal Bank Of CanadaBoost TargetC$32.00 ➝ C$39.00
3/28/2024BMO Capital MarketsBoost TargetC$35.00 ➝ C$37.00
3/22/2024DesjardinsBoost TargetHoldC$30.00 ➝ C$31.00
3/22/2024Canadian Imperial Bank of CommerceBoost TargetNeutralC$26.00 ➝ C$30.00
3/20/2024ATB Cormark Capital MarketsBoost TargetOutperformC$32.00 ➝ C$35.00
3/12/2024JPMorgan Chase & Co.Boost TargetC$33.00 ➝ C$34.00
3/4/2024National Bank FinancialBoost TargetSector PerformC$30.00 ➝ C$32.00
3/4/2024Royal Bank Of CanadaBoost TargetOutperformC$31.00 ➝ C$32.00
3/4/2024DesjardinsBoost TargetHoldC$27.50 ➝ C$30.00
3/4/2024BMO Capital MarketsBoost TargetOutperformC$30.00 ➝ C$35.00
3/1/2024TD SecuritiesBoost TargetHoldC$28.00 ➝ C$32.00
2/27/2024Jefferies Financial GroupSet TargetHoldC$28.00
1/16/2024Canadian Imperial Bank of CommerceLower TargetNeutralC$27.00 ➝ C$26.00
1/10/2024National Bank FinancialLower TargetOutperformC$31.00 ➝ C$30.00
12/12/2023BMO Capital MarketsLower TargetC$31.00 ➝ C$30.00
12/8/2023JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralC$31.00 ➝ C$33.00
11/28/2023ScotiabankDowngradeOutperform ➝ Sector PerformC$27.00
11/28/2023TD SecuritiesLower TargetHoldC$31.00 ➝ C$30.00
11/8/2023ATB Cormark Capital MarketsBoost TargetOutperformC$31.50 ➝ C$32.00
11/8/2023Royal Bank Of CanadaBoost TargetOutperformC$31.00 ➝ C$33.00
11/7/2023TD SecuritiesBoost TargetHoldC$29.00 ➝ C$31.00
10/20/2023ATB Cormark Capital MarketsBoost TargetC$27.00 ➝ C$31.50
10/16/2023ScotiabankLower TargetSector PerformC$28.00 ➝ C$27.00
10/16/2023BMO Capital MarketsBoost TargetC$27.00 ➝ C$31.00
10/16/2023Canadian Imperial Bank of CommerceBoost TargetNeutralC$23.00 ➝ C$27.00
10/12/2023National Bank FinancialBoost TargetSector PerformC$27.00 ➝ C$31.00
10/10/2023Royal Bank Of CanadaUpgradeSector Perform ➝ OutperformC$27.00 ➝ C$31.00
9/11/2023Royal Bank Of CanadaBoost TargetSector PerformC$24.00 ➝ C$27.00
8/17/2023The Goldman Sachs GroupBoost TargetC$21.50 ➝ C$23.00
7/28/2023TD SecuritiesBoost TargetHoldC$23.00 ➝ C$25.00
7/25/2023DesjardinsBoost TargetBuyC$25.50 ➝ C$26.50
7/13/2023BMO Capital MarketsBoost TargetC$26.00 ➝ C$27.00
7/12/2023Royal Bank Of CanadaLower TargetC$25.00 ➝ C$24.00
6/29/2023National Bank FinancialLower TargetC$29.00 ➝ C$27.00
5/23/2023ScotiabankUpgradeSector Perform ➝ Outperform
4/18/2023National Bank FinancialBoost TargetC$26.00 ➝ C$29.00
4/17/2023BMO Capital MarketsBoost TargetC$25.00 ➝ C$26.00
4/12/2023Royal Bank Of CanadaDowngradeOutperform ➝ Sector PerformC$23.00 ➝ C$25.00
3/27/2023BMO Capital MarketsLower TargetC$26.00 ➝ C$25.00
3/13/2023JPMorgan Chase & Co.Boost TargetC$22.00 ➝ C$24.00
3/10/2023Canadian Imperial Bank of CommerceBoost TargetC$20.00 ➝ C$23.00
2/28/2023TD SecuritiesBoost TargetHoldC$20.00 ➝ C$23.00
2/28/2023BMO Capital MarketsBoost TargetC$25.00 ➝ C$26.00
2/2/2023BMO Capital MarketsBoost TargetC$21.00 ➝ C$25.00
1/19/2023JPMorgan Chase & Co.Lower TargetC$23.00 ➝ C$22.00
1/17/2023Canadian Imperial Bank of CommerceLower TargetC$22.00 ➝ C$20.00
1/16/2023Raymond James FinancialLower TargetOutperformC$22.00 ➝ C$21.00
12/13/2022BMO Capital MarketsLower TargetC$23.00 ➝ C$21.00
12/5/2022JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightC$24.00 ➝ C$23.00
11/14/2022Raymond James FinancialDowngradeOutperform ➝ Market PerformC$22.00
11/10/2022TD SecuritiesBoost TargetHoldC$19.00 ➝ C$21.00
11/10/2022Royal Bank Of CanadaBoost TargetOutperformC$22.00 ➝ C$23.00
10/14/2022Raymond James FinancialLower TargetC$25.50 ➝ C$22.00
9/30/2022National Bank FinancialLower TargetC$30.00 ➝ C$26.00
8/31/2022Canadian Imperial Bank of CommerceLower TargetC$26.00 ➝ C$22.00
8/16/2022JPMorgan Chase & Co.Boost TargetC$25.00 ➝ C$28.00
7/29/2022TD SecuritiesLower TargetHoldC$23.00 ➝ C$22.00
7/18/2022National Bank FinancialLower TargetOutperformC$31.00 ➝ C$30.00
7/5/2022Raymond James FinancialBoost TargetOutperformC$24.00 ➝ C$25.50
6/30/2022National Bank FinancialLower TargetOutperformC$32.00 ➝ C$31.00
6/30/2022JPMorgan Chase & Co.Boost TargetC$24.00 ➝ C$25.00
6/22/2022The Goldman Sachs GroupLower TargetNeutralC$22.00
6/9/2022Canadian Imperial Bank of CommerceBoost TargetNeutralC$23.00 ➝ C$26.00
6/8/2022ScotiabankDowngradeOutperform ➝ HoldC$23.00 ➝ C$26.00
5/4/2022Royal Bank Of CanadaBoost TargetOutperformC$21.00 ➝ C$22.00
5/4/2022JPMorgan Chase & Co.Boost TargetC$23.00 ➝ C$24.00
5/3/2022Raymond James FinancialSet TargetOutperformC$24.00
5/3/2022TD SecuritiesBoost TargetHoldC$21.00 ➝ C$23.00
5/3/2022BMO Capital MarketsBoost TargetC$22.00 ➝ C$25.00
4/14/2022Canadian Imperial Bank of CommerceBoost TargetC$20.00 ➝ C$23.00
4/14/2022National Bank FinancialLower TargetC$32.00 ➝ C$24.00
3/25/2022Raymond James FinancialBoost TargetOutperformC$18.00 ➝ C$24.00
3/24/2022TD SecuritiesDowngradeBuy ➝ HoldC$18.00 ➝ C$21.00
3/14/2022BMO Capital MarketsBoost TargetC$20.00 ➝ C$22.00
3/8/2022ScotiabankBoost TargetC$16.00 ➝ C$22.00
3/8/2022JPMorgan Chase & Co.Boost TargetHoldC$16.00
3/7/2022National Bank FinancialUpgradeSector Perform ➝ OutperformC$25.00 ➝ C$24.00
3/4/2022TD SecuritiesBoost TargetBuyC$16.00 ➝ C$18.00
3/4/2022BMO Capital MarketsBoost TargetC$18.00 ➝ C$20.00
3/4/2022Raymond James FinancialBoost TargetOutperformC$17.50 ➝ C$18.00
3/3/2022Canadian Imperial Bank of CommerceBoost TargetC$17.00 ➝ C$20.00
1/25/2022Royal Bank Of CanadaBoost TargetOutperformC$15.00 ➝ C$18.00
1/19/2022The Goldman Sachs GroupBoost TargetC$13.00 ➝ C$16.00
1/19/2022Raymond James FinancialBoost TargetOutperformC$16.00 ➝ C$17.50
1/6/2022National Bank FinancialBoost TargetSector PerformC$18.50
12/9/2021JPMorgan Chase & Co.Reiterated RatingNAC$12.00 ➝ C$15.00
11/30/2021Tudor PickeringBoost TargetHoldC$12.50 ➝ C$13.00
11/30/2021Raymond James FinancialSet TargetOutperformC$16.00
11/19/2021ScotiabankBoost TargetC$13.00 ➝ C$14.00
11/17/2021UBS GroupBoost TargetBuyC$9.00 ➝ C$13.00
11/10/2021JPMorgan Chase & Co.Boost TargetC$12.00
11/9/2021Raymond James FinancialSet TargetOutperformC$16.00
11/9/2021TD SecuritiesBoost TargetBuyC$13.00 ➝ C$13.50
11/9/2021National Bank FinancialBoost TargetSector PerformC$14.00 ➝ C$15.00
10/27/2021ATB Cormark Capital MarketsReiterated RatingSector PerformC$14.75
10/19/2021The Goldman Sachs GroupBoost TargetNeutralC$11.00 ➝ C$13.00
10/18/2021Raymond James FinancialBoost TargetC$13.50 ➝ C$16.00
10/15/2021Canadian Imperial Bank of CommerceBoost TargetNAC$14.00 ➝ C$17.00
10/14/2021ScotiabankUpgradeBuyC$13.00
9/28/2021The Goldman Sachs GroupBoost TargetBuyC$10.00 ➝ C$11.00
9/16/2021JPMorgan Chase & Co.Reiterated RatingBuy
9/15/2021JPMorgan Chase & Co.Lower TargetNAC$11.00
7/26/2021UBS GroupReiterated RatingNeutralC$8.30
7/26/2021JPMorgan Chase & Co.Boost TargetNAC$11.00 ➝ C$11.50
7/26/2021Raymond James FinancialReiterated RatingOutperformC$12.00 ➝ C$8.28
7/25/2021National Bank FinancialLower TargetSector PerformC$15.00 ➝ C$14.50
7/23/2021Tudor PickeringBoost TargetBuyC$10.00
7/23/2021National Bank FinancialSet TargetC$14.50
7/23/2021Canadian Imperial Bank of CommerceReiterated RatingNeutralC$14.00
7/20/2021Raymond James FinancialReiterated RatingOutperformC$12.00
7/15/2021ScotiabankBoost TargetC$9.50 ➝ C$10.00
7/14/2021Canadian Imperial Bank of CommerceBoost TargetNAC$10.00 ➝ C$14.00
6/30/2021UBS GroupBoost TargetNAC$7.00 ➝ C$9.00
6/23/2021ATB Cormark Capital MarketsBoost TargetSector PerformC$10.25 ➝ C$11.00
6/21/2021BMO Capital MarketsBoost TargetNAC$10.00 ➝ C$14.00
6/9/2021ScotiabankBoost TargetC$8.00 ➝ C$9.50
6/8/2021JPMorgan Chase & Co.Boost TargetNAC$9.50 ➝ C$11.00
5/5/2021Raymond James FinancialReiterated RatingOutperformC$10.00
5/4/2021TD SecuritiesBoost TargetBuyC$9.50 ➝ C$10.00
5/4/2021Tudor PickeringReiterated RatingHoldC$7.00
4/19/2021Raymond James FinancialLower TargetOutperformC$10.50 ➝ C$10.00
4/15/2021ScotiabankBoost TargetC$6.00 ➝ C$8.00
4/14/2021Tudor PickeringReiterated RatingHoldC$7.00
4/6/2021Royal Bank Of CanadaReiterated RatingOutperformC$9.00
3/24/2021TD SecuritiesUpgradeHold ➝ BuyC$7.00 ➝ C$9.50
(Data available from 3/19/2021 forward)

News Sentiment Rating

0.60 (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
  • 4 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
8/21/2025
  • 4 very positive mentions
  • 13 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Mentions as of
9/20/2025
  • 6 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/20/2025
  • 7 very positive mentions
  • 20 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2025
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/19/2025
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2026
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/17/2026
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2026

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.

Positive

Very Positive

  • No very positive mentions tracked during this time.
MEG Energy logo
MEG Energy is engaged in in situ oil sands development and production in Alberta, Canada. As of March 2021, the company reported estimated net proved and probable reserves of 2 billion barrels of oil equivalent. Net production averaged 82,000 barrels per day in 2020.
Read More

Today's Range

Now: C$30.89
Low: C$30.49
High: C$31.03

50 Day Range

MA: C$30.89
Low: C$30.89
High: C$30.89

52 Week Range

Now: C$30.89
Low: C$17.00
High: C$31.09

Volume

6,350,674 shs

Average Volume

1,863,733 shs

Market Capitalization

C$7.86 billion

P/E Ratio

14.64

Dividend Yield

1.42%

Beta

0.446509

Frequently Asked Questions

What sell-side analysts currently cover shares of MEG Energy?

The following Wall Street sell-side analysts have issued reports on MEG Energy in the last twelve months: ATB Cormark Capital Markets, Canadian Imperial Bank of Commerce, Desjardins, Scotiabank, and TD Securities.
View the latest analyst ratings for MEG.

What is the current price target for MEG Energy?

0 Wall Street analysts have set twelve-month price targets for MEG Energy in the last year. Their average twelve-month price target is C$28.00, suggesting a possible downside of 9.4%. Canadian Imperial Bank of Commerce has the highest price target set, predicting MEG will reach C$28.00 in the next twelve months. Canadian Imperial Bank of Commerce has the lowest price target set, forecasting a price of C$28.00 for MEG Energy in the next year.
View the latest price targets for MEG.

What is the current consensus analyst rating for MEG Energy?

MEG Energy currently has 1 sell rating and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for MEG.

What other companies compete with MEG Energy?

Other companies that are similar to MEG Energy include RB Global, CGI, GFL Environmental, Stantec and Quebecor. Learn More about companies similar to MEG Energy.

How do I contact MEG Energy's investor relations team?

MEG Energy's physical mailing address is 520 3 Ave SW 8th Floor, CALGARY, AB T2P 0R3, Canada. The company's listed phone number is +1-403-7700446. The official website for MEG Energy is www.megenergy.com. Learn More about contacing MEG Energy investor relations.