Wall Street Analysts See a 39.85% Upside in MRC (MRC): Can the Stock Really Move This High?

MRC Global (MRC) closed the last trading session at $11.62, gaining 3.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 16.25 indicates a 39.9% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $0.96. While the lowest estimate of$ 15 indicates a 29.1% increase from the current price level, the most optimistic analyst expects t ...