Meren Energy Inc. (TSX:MER)
Canada · Delayed Price · Currency is CAD 1.860
-0.010 (-0.53%)
Nov 13, 2026, 4:00 PM EST
Meren Energy Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Meren Energy stock has a consensus rating of "Buy" and an average price target of $1.77. The average 1-year stock price forecast is 4.95% lower than the current stock price, while the lowest is $1.76 (-5.38%) and the highest is $1.78 (-4.57%).
Price Target: $1.77 (-4.95%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jul 17, 2026.
Analyst Ratings
The average analyst rating for Meren Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Downgrades $2.50 | Hold | Downgrades | $2.50 | +34.41% | Jul 17, 2026 |
Financial Forecast
Revenue This Year
763.09M
from 559.90M
Increased by 36.29%
Revenue Next Year
714.35M
from 763.09M
Decreased by -6.39%
EPS This Year
0.27
from -0.13
EPS Next Year
0.27
from 0.27
Decreased by -2.17%
EPS and Forward PE are based on non-GAAP adjusted numbers.