Canaccord Genuity Maintains Their Hold Rating on Mistras Group Inc

By Ryan Adsit

In a report released today, Robert Burleson from Canaccord Genuity maintained a Hold rating on Mistras Group Inc (NYSE: MG), with a price target of $22. The company’s shares opened today at $19.48.

Burleson said:

“We introduce 2019 numbers while maintaining a HOLD rating and $22 price target. We could get more constructive with our rating as Safran ramps mid-year and comparisons begin to ease.”

According to, Burleson is a 5-star analyst with an average return of 13.5% and a 60.2% success rate. Burleson covers the Consumer Goods sector, focusing on stocks such as Advanced Micro Devices, Integrated Device Tech, and Mitel Networks Corp.

Mistras Group Inc has an analyst consensus of Hold, with a price target consensus of $23.

The company has a one-year high of $23.83 and a one-year low of $17.00. Currently, Mistras Group Inc has an average volume of 61.31K.

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MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. It operates through the following segments: Services, Products & Systems and International.