MercadoLibre, Inc. (MELI) is currently trading at $1752.61 with a Wall Street consensus price target of $2272.28, implying potential upside of 29.7% over the next 12 months. 25 analysts currently cover MELI, with a consensus rating of Buy - 80% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $2800.0, while the most cautious has a target of $1750.0.
MELI operates in the Consumer Cyclical sector with a market capitalisation of $89B. The stock is down 11.2% year-to-date and is currently trading near the lower end of its 52-week range of $1495.0 – $2548.5.
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