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MidWestOne Financial Group (MOFG) Stock Forecast & Price Target

$29.11
+0.33 (+1.15%)
(As of 03:22 PM ET)

MidWestOne Financial Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for MidWestOne Financial Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 4 analysts, 4 have given a hold rating for MOFG.

Consensus Price Target

$26.38
-9.40% Downside
High Forecast$30.00
Average Forecast$26.38
Low Forecast$21.50

According to the 4 analysts' twelve-month price targets for MidWestOne Financial Group, the average price target is $26.38. The highest price target for MOFG is $30.00, while the lowest price target for MOFG is $21.50. The average price target represents a forecasted downside of -9.40% from the current price of $29.11.

TypeCurrent Forecast
9/17/23 to 9/16/24
1 Month Ago
8/18/23 to 8/17/24
3 Months Ago
6/19/23 to 6/18/24
1 Year Ago
9/17/22 to 9/17/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$26.38$26.38$24.13$33.00
Forecasted Upside-9.40% Downside8.80% Upside17.80% Upside9.77% Upside
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MOFG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MOFG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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MidWestOne Financial Group Stock vs. The Competition

TypeMidWestOne Financial GroupFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.47
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-9.24% Downside14.40% Upside7.98% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/29/2024Keefe, Bruyette & Woods
4 of 5 stars
 Reiterated RatingMarket Perform ➝ Market Perform$25.00 ➝ $28.00-1.75%
7/29/2024Piper Sandler
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$22.00 ➝ $30.00+3.38%
4/26/2024Hovde Group
3 of 5 stars
 Lower TargetMarket Perform$23.50 ➝ $21.50+8.48%
9/26/2023Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingEqual Weight ➝ Equal Weight$26.00+32.45%
11/1/2022DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$34.00+3.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:52 PM ET.

MOFG Forecast - Frequently Asked Questions

What is MidWestOne Financial Group's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for MidWestOne Financial Group is $26.38, with a high forecast of $30.00 and a low forecast of $21.50.

Should I buy or sell MidWestOne Financial Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MidWestOne Financial Group in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MOFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOFG, but not buy additional shares or sell existing shares.

Does MidWestOne Financial Group's stock price have much upside?

According to analysts, MidWestOne Financial Group's stock has a predicted upside of 8.80% based on their 12-month stock forecasts.

What analysts cover MidWestOne Financial Group?

MidWestOne Financial Group has been rated by research analysts at Keefe, Bruyette & Woods, and Piper Sandler in the past 90 days.

Do Wall Street analysts like MidWestOne Financial Group more than its competitors?

Analysts like MidWestOne Financial Group less than other "finance" companies. The consensus rating score for MidWestOne Financial Group is 2.00 while the average consensus rating score for "finance" companies is 2.47. Learn more on how MOFG compares to other companies.


This page (NASDAQ:MOFG) was last updated on 9/16/2024 by MarketBeat.com Staff

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