Wall Street Analysts Predict a 27.78% Upside in Mirion Technologies (MIR): Here's What You Should Know

Core Viewpoint - Mirion Technologies, Inc. (MIR) has seen a 3.1% increase in share price over the past four weeks, closing at $24.91, with analysts suggesting a potential upside based on price targets averaging $31.83, indicating a 27.8% increase from the current price [1] Price Targets - The average price target consists of six estimates ranging from a low of $29.00 to a high of $35.00, with a standard deviation of $2.79, suggesting a consensus among analysts [2] - The lowest estimate indicates a 16.4% increase, while the highest suggests a 40.5% upside, highlighting the variability in analyst predictions [2] Analyst Sentiment - There is strong agreement among analysts regarding MIR's ability to exceed previous earnings estimates, which supports the potential for stock price appreciation [4][11] - Recent revisions in earnings estimates show two upward adjustments and one downward, resulting in a 3.9% increase in the Zacks Consensus Estimate for the current year [12] Zacks Rank - MIR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential for upside [13] Conclusion on Price Targets - While the consensus price target may not be a definitive indicator of MIR's potential gains, the direction implied by these targets appears to be a useful guide for investors [14]