According to TipRanks.com, Devitt is a top 100 analyst with an average return of 25.0% and a 69.4% success rate. Devitt covers the Technology sector, focusing on stocks such as Jumia Technologies AG, Uber Technologies, and Analog Devices.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mercadolibre with a $1128.80 average price target.
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The company has a one-year high of $1248.22 and a one-year low of $422.22. Currently, Mercadolibre has an average volume of 471.4K.
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MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina.