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Melcor Developments OTC (TSE:MRD)
:MRD
Canadian Market
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Melcor Developments (MRD) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

MRD Financial Forecast

MRD Earnings Forecast

The previous quarter’s earnings for MRD were C$0.16.
The previous quarter’s earnings for MRD were C$0.16.

MRD Sales Forecast

The previous quarter’s earnings for MRD were C$50.74M.
The previous quarter’s earnings for MRD were C$50.74M.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks Analyst forecast on TSE:MRD
TipRanks AITipRanks
Not Ranked
TipRanks
C$15.5
Buy
9.93%
Upside
Reiterated
07/09/25
Melcor Developments demonstrates a robust financial performance and strategic corporate actions, which significantly contribute to its overall score. Technical analysis and valuation also play important roles, but the lack of earnings call data slightly limits the assessment. Overall, the company's strong fundamentals and strategic initiatives bolster its stock appeal.
BMO Capital Analyst forecast on TSE:MRD
Tom CallaghanBMO Capital
BMO Capital
C$14
Hold
-0.71%
Downside
Assigned
08/07/24
Analysts Conflicted on These Real Estate Names: Starwood Property (NYSE: STWD), Melcor Developments (Other OTC: MODVF) and Equinix (NASDAQ: EQIX)
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks Analyst forecast on TSE:MRD
TipRanks AITipRanks
Not Ranked
TipRanks
C$15.5
Buy
9.93%
Upside
Reiterated
07/09/25
Melcor Developments demonstrates a robust financial performance and strategic corporate actions, which significantly contribute to its overall score. Technical analysis and valuation also play important roles, but the lack of earnings call data slightly limits the assessment. Overall, the company's strong fundamentals and strategic initiatives bolster its stock appeal.
BMO Capital Analyst forecast on TSE:MRD
Tom CallaghanBMO Capital
BMO Capital
C$14
Hold
-0.71%
Downside
Assigned
08/07/24
Analysts Conflicted on These Real Estate Names: Starwood Property (NYSE: STWD), Melcor Developments (Other OTC: MODVF) and Equinix (NASDAQ: EQIX)
Stocks with the Highest Top Analyst Consensus in the Real Estate Sector
Find stocks in the Real Estate sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Melcor Developments

1 Month
xxx
Success Rate
1/1 ratings generated profit
100%
Average Return
+3.00%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +3.00% per trade.
3 Months
xxx
Success Rate
1/1 ratings generated profit
100%
Average Return
+2.60%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +2.60% per trade.
1 Year
Success Rate
1/1 ratings generated profit
100%
Average Return
+2.60%
reiterated a buy rating 2 months ago
Copying Mira Lotessa's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +2.60% per trade.
2 Years
xxx
Success Rate
1/1 ratings generated profit
100%
Average Return
+2.60%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +2.60% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MRD Analyst Recommendation Trends

Rating
May 24
Aug 24
May 25
Jun 25
Jul 25
Strong Buy
0
0
0
1
4
Buy
0
0
1
1
1
Hold
3
3
2
1
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
3
3
3
5
In the current month, MRD has received 5 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. MRD average Analyst price target in the past 3 months is 16.00.
Each month's total comprises the sum of three months' worth of ratings.

MRD Stock Forecast FAQ

What is TSE:MRD’s average 12-month price target, according to analysts?
Based on analyst ratings, Melcor Developments OTC’s 12-month average price target is 16.00.
    What is TSE:MRD’s upside potential, based on the analysts’ average price target?
    Melcor Developments OTC has 13.48% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:MRD a Buy, Sell or Hold?
          Melcor Developments OTC has a consensus rating of Moderate Buy which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Melcor Developments OTC’s price target?
            The average price target for Melcor Developments OTC is 16.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$16.00 ,the lowest forecast is C$16.00. The average price target represents 13.48% Increase from the current price of C$14.1.
              What do analysts say about Melcor Developments OTC?
              Melcor Developments OTC’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
                How can I buy shares of TSE:MRD?
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