Mistras Group Inc (MG) Receives a Hold from Canaccord Genuity


Canaccord Genuity analyst Chip Moore maintained a Hold rating on Mistras Group Inc (MG) today and set a price target of $16.50. The company’s shares opened today at $13.78, close to its 52-week low of $13.01.

According to TipRanks.com, Moore is a 4-star analyst with an average return of 13.7% and a 61.4% success rate. Moore covers the Consumer Goods sector, focusing on stocks such as Badger Meter, Ecolab Inc, and Plug Power.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mistras Group Inc with a $21 average price target.

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The company has a one-year high of $23.60 and a one-year low of $13.01. Currently, Mistras Group Inc has an average volume of 75.6K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. It operates through the following segments: Services, Products and Systems, and International.

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