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MEG Energy Corp (TSE:MEG)
:MEG
Canadian Market
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MEG Energy (MEG) Stock Forecast & Price Target

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MEG Analyst Ratings

Currently, no data available
Based on NaN analysts giving stock ratings to
MEG
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MEG Stock 12 Month Forecast

There Are No Analyst Ratings for TSE:MEG In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

MEG Financial Forecast

MEG Earnings Forecast

Next quarter’s earnings estimate for MEG is $0.34 with a range of $0.31 to $0.37. The previous quarter’s EPS was $0.62. MEG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year MEG has Performed in-line its overall industry.
Next quarter’s earnings estimate for MEG is $0.34 with a range of $0.31 to $0.37. The previous quarter’s EPS was $0.62. MEG beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.17% of the time in the same period. In the last calendar year MEG has Performed in-line its overall industry.

MEG Sales Forecast

Next quarter’s sales forecast for MEG is $1.20B with a range of $1.17B to $1.22B. The previous quarter’s sales results were $1.18B. MEG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year MEG has Performed in-line its overall industry.
Next quarter’s sales forecast for MEG is $1.20B with a range of $1.17B to $1.22B. The previous quarter’s sales results were $1.18B. MEG beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.02% of the time in the same period. In the last calendar year MEG has Performed in-line its overall industry.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TD Cowen
C$28
Sell
-9.36%
Downside
Downgraded
10/22/25
TD Cowen downgrades MEG Energy (MEGEF) to a Sell
Desjardins
C$29C$28
Hold
-9.36%
Downside
Reiterated
08/25/25
MEG Energy (MEGEF) was downgraded to a Hold Rating at DesjardinsDesjardins analyst Chris MacCulloch downgraded Meg Energy (MEG:CN) (OTC: MEGEF) from Hold to Tender with a price target of Cdn$28.00 (from Cdn$29.00).
Raymond James Analyst forecast on TSE:MEG
Raymond James
Raymond James
C$27
Hold
-12.59%
Downside
Reiterated
08/05/25
MEG Energy (MEGEF) Gets a Hold from Raymond JamesWe therefore reiterate our Market Perform rating.
National Bank Analyst forecast on TSE:MEG
National Bank
National Bank
C$24C$29
Hold
-6.12%
Downside
Reiterated
07/17/25
MEG Energy price target raised to C$29 from C$24 at National BankMEG Energy price target raised to C$29 from C$24 at National Bank
RBC Capital Analyst forecast on TSE:MEG
RBC Capital
RBC Capital
C$31
Buy
0.36%
Upside
Reiterated
05/07/25
RBC Capital Remains a Buy on MEG Energy (MEGEF)
BMO Capital
C$34C$28
Buy
-9.36%
Downside
Reiterated
05/07/25
Analysts' Opinions Are Mixed on These Energy Stocks: MEG Energy (Other OTC: MEGEF), Spartan Delta (Other OTC: DALXF) and Cross Timbers Royalty (NYSE: CRT)Slight Q1/25 Beat; Shareholder Yield Remains Attractive
Jefferies
C$25
Hold
-19.07%
Downside
Reiterated
05/07/25
MEG Energy: Hold Rating Amid Steady Performance and Strategic Capital Returns
Goldman Sachs Analyst forecast on TSE:MEG
Goldman Sachs
Goldman Sachs
C$28C$25
Hold
-19.07%
Downside
Reiterated
04/24/25
Meg Energy (MEG:CN) (MEGEF) PT Lowered to Cdn$25 at Goldman SachsGoldman Sachs analyst Neil Mehta lowered the price target on Meg Energy (MEG:CN) (OTC: MEGEF) to Cdn$25.00 (from Cdn$28.00) while maintaining a Neutral rating.
Scotiabank Analyst forecast on TSE:MEG
Scotiabank
Scotiabank
C$33C$30
Buy
-2.88%
Downside
Reiterated
04/11/25
MEG Energy price target lowered to C$30 from C$33 at ScotiabankMEG Energy price target lowered to C$30 from C$33 at Scotiabank
Analyst Type
Any
Any
Human Analysts
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
TD Cowen
C$28
Sell
-9.36%
Downside
Downgraded
10/22/25
TD Cowen downgrades MEG Energy (MEGEF) to a Sell
Desjardins
C$29C$28
Hold
-9.36%
Downside
Reiterated
08/25/25
MEG Energy (MEGEF) was downgraded to a Hold Rating at DesjardinsDesjardins analyst Chris MacCulloch downgraded Meg Energy (MEG:CN) (OTC: MEGEF) from Hold to Tender with a price target of Cdn$28.00 (from Cdn$29.00).
Raymond James Analyst forecast on TSE:MEG
Raymond James
Raymond James
C$27
Hold
-12.59%
Downside
Reiterated
08/05/25
MEG Energy (MEGEF) Gets a Hold from Raymond JamesWe therefore reiterate our Market Perform rating.
National Bank Analyst forecast on TSE:MEG
National Bank
National Bank
C$24C$29
Hold
-6.12%
Downside
Reiterated
07/17/25
MEG Energy price target raised to C$29 from C$24 at National BankMEG Energy price target raised to C$29 from C$24 at National Bank
RBC Capital Analyst forecast on TSE:MEG
RBC Capital
RBC Capital
C$31
Buy
0.36%
Upside
Reiterated
05/07/25
RBC Capital Remains a Buy on MEG Energy (MEGEF)
BMO Capital
C$34C$28
Buy
-9.36%
Downside
Reiterated
05/07/25
Analysts' Opinions Are Mixed on These Energy Stocks: MEG Energy (Other OTC: MEGEF), Spartan Delta (Other OTC: DALXF) and Cross Timbers Royalty (NYSE: CRT)Slight Q1/25 Beat; Shareholder Yield Remains Attractive
Jefferies
C$25
Hold
-19.07%
Downside
Reiterated
05/07/25
MEG Energy: Hold Rating Amid Steady Performance and Strategic Capital Returns
Goldman Sachs Analyst forecast on TSE:MEG
Goldman Sachs
Goldman Sachs
C$28C$25
Hold
-19.07%
Downside
Reiterated
04/24/25
Meg Energy (MEG:CN) (MEGEF) PT Lowered to Cdn$25 at Goldman SachsGoldman Sachs analyst Neil Mehta lowered the price target on Meg Energy (MEG:CN) (OTC: MEGEF) to Cdn$25.00 (from Cdn$28.00) while maintaining a Neutral rating.
Scotiabank Analyst forecast on TSE:MEG
Scotiabank
Scotiabank
C$33C$30
Buy
-2.88%
Downside
Reiterated
04/11/25
MEG Energy price target lowered to C$30 from C$33 at ScotiabankMEG Energy price target lowered to C$30 from C$33 at Scotiabank
Stocks with the Highest Top Analyst Consensus in the Energy Sector
Find stocks in the Energy sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering MEG Energy

1 Month
xxx
Success Rate
11/22 ratings generated profit
50%
Average Return
+1.85%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +1.85% per trade.
3 Months
xxx
Success Rate
16/22 ratings generated profit
73%
Average Return
+10.79%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 72.73% of your transactions generating a profit, with an average return of +10.79% per trade.
1 Year
Success Rate
18/22 ratings generated profit
82%
Average Return
+56.73%
reiterated a buy rating 7 months ago
Copying Randy Ollenberger's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +56.73% per trade.
2 Years
xxx
Success Rate
20/22 ratings generated profit
91%
Average Return
+68.23%
reiterated a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 90.91% of your transactions generating a profit, with an average return of +68.23% 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.

MEG Analyst Recommendation Trends

Rating
Jun 25
Jul 25
Aug 25
Oct 25
Nov 25
Strong Buy
9
6
7
4
4
Buy
4
2
0
0
0
Hold
7
5
6
6
5
Sell
0
0
0
1
1
Strong Sell
0
0
0
0
0
total
20
13
13
11
10
In the current month, MEG has received 4 Buy Ratings, 5 Hold Ratings, and 1 Sell Ratings. MEG average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.

MEG Stock Forecast FAQ

What is TSE:MEG’s average 12-month price target, according to analysts?
Currently, no data Available
What is TSE:MEG’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for TSE:MEG, 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:MEG a Buy, Sell or Hold?
      Currently, no data Available
      What is MEG Energy Corp’s price target?
      Currently, no data Available
      What do analysts say about MEG Energy Corp?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of TSE:MEG?
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