Group 1 - Marex Group PLC (MRX) shares have increased by 1.2% over the past four weeks, closing at $39.15, with a mean price target of $50.29 indicating a potential upside of 28.5% [1] - The average price targets from analysts range from a low of $36.00 to a high of $61.00, with a standard deviation of $8.48, suggesting variability in estimates [2] - Analysts are optimistic about MRX's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][11] Group 2 - The Zacks Consensus Estimate for MRX has increased by 1.6% due to one upward revision in earnings estimates over the last 30 days, with no negative revisions [12] - MRX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] - While consensus price targets may not be reliable for predicting the extent of MRX's gains, they can provide guidance on the direction of price movement [14]
Wall Street Analysts See a 28.45% Upside in Marex Group PLC (MRX): Can the Stock Really Move This High?