Meren Energy Inc. (TSX:MER)
Canada · Delayed Price · Currency is CAD 2.240
+0.010 (0.45%)
Aug 26, 2026, 4:00 PM EST
Meren Energy Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Meren Energy stock have an average target of $1.80, which predicts a -19.64% decrease from the current stock price of 2.24.
Price Target: $1.80 (-19.64%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 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 | +11.61% | Jul 17, 2026 |
| Fearnley Securities | Fearnley Securities | Hold Downgrades n/a | Hold | Downgrades | n/a | n/a | Mar 16, 2026 |
Financial Forecast
Revenue This Year
660.39M
from 559.90M
Increased by 17.95%
Revenue Next Year
681.79M
from 660.39M
Increased by 3.24%
EPS This Year
0.31
from -0.13
EPS Next Year
0.21
from 0.31
Decreased by -32.38%
EPS and Forward PE are based on non-GAAP adjusted numbers.