MercadoLibre, Inc. (MELI) is currently trading at $1675.1 with a Wall Street consensus price target of $2216.96, implying potential upside of 32.3% over the next 12 months. 24 analysts currently cover MELI, with a consensus rating of Buy - 92% 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 $85B. The stock is down 15.1% year-to-date and is currently trading near the lower end of its 52-week range of $1495.0 – $2645.22.
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