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Mfs Government Markets Income Trust Stock (MGF) Forecast
The Mfs Government Markets Income Trust (MGF) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $2.5954, representing a -15.46% decrease from the current price of $3.07. The highest analyst price target is $2.6689, and the lowest is $2.5218.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGF Price Target
Average 2.5355
(-17.41% Downside)
Is Mfs Government Markets Income Trust (MGF) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 24.85 | Buy |
| STOCH(9,6) | 12.95 | Buy |
| STOCHRSI(14) | 10.22 | Buy |
| MACD(12,26) | -0.0383 | Sell |
| ADX(14) | 25.09 | Sell |
| William %R | -89.47 | Buy |
| CCI(14) | -132.56 | Sell |
Buy: 4
Sell: 3
Neutral: 0
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
3.1322
Sell
|
3.1192
Sell
|
| MA20 |
3.1595
Sell
|
3.1531
Sell
|
| MA50 |
3.2199
Sell
|
3.1875
Sell
|
| MA100 |
3.1896
Sell
|
3.183
Sell
|
| MA200 |
3.1465
Sell
|
3.1634
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, MGF could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 13 signaling Sell signals and 0 Neutral signals. This might not be a good time to consider opening new positions on MGF, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 24.85 indicates that MGF is oversold. This indicates that MGF price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
- STOCH (Stochastic Oscillator): The STOCH value of 12.95 indicates that MGF is oversold. This indicates that MGF price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 10.22 indicates that MGF is oversold. This suggests that MGF price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 25.09 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -132.56 indicates that MGF is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.
Long-term MGF price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Mfs Government Markets Income Trust financial reports and earnings history, Mfs Government Markets Income Trust (MGF) stock could reach $0.9364 by 2030, $2.1191 by 2040 and $6.0917 by 2050. See the projected annual prices until 2050 of the Mfs Government Markets Income Trust stock below:
- Mfs Government Markets Income Trust (MGF) is expected to reach an average price of $1.0406 in 2035, with a high prediction of $1.0079 and a low estimate of $1.0436. This indicates an $-66.10% rise from the last recorded price of $3.07.
- Mfs Government Markets Income Trust (MGF) stock is projected to chart a bullish course in 2040, with an average price target of $2.0644, representing an $-32.76% surge from its current level. The forecast ranges from a conservative $2.1244 to a sky-high $2.1191.
- Our analysts predict Mfs Government Markets Income Trust (MGF) to jump 28.03% by 2045, soaring from $3.9306 to an average price of $3.9306, potentially reaching $4.0568. While $3.9306 is the low estimate, the potential upside is significant.
- Mfs Government Markets Income Trust (MGF) stock is expected to climb by 2050, reaching an average of $6.1224, a $99.43% jump from its current level. However, a wide range of estimates exists, with high and low targets of $6.0917 and $6.0702, respectively, highlighting the market's uncertainty.
Mfs Government Markets Income Trust Stock (MGF) Year by Year Forecast
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2024
Our forecast for MGF stock price in 2024 now indicates an average price target of $2.8909 with a high forecast of $3.26 and a low forecast of $2.5218. The average prediction reflects an decrease of -5.83% from the last recorded price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $2.5618 | $2.5218 | $2.6689 | -16.55% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2025
Mfs Government Markets Income Trust Stock (MGF) is expected to reach an average price of $2.5355 in 2025, with a high prediction of $2.8298 and a low estimate of $2.2412. This indicates an -17.41% fall from the last recorded price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $2.6366 | $2.4547 | $2.6366 | -14.12% |
| February, 2025 | $2.6305 | $2.5686 | $2.6705 | -14.32% |
| March, 2025 | $2.7543 | $2.6214 | $2.7943 | -10.28% |
| April, 2025 | $2.7092 | $2.6982 | $2.8163 | -11.75% |
| May, 2025 | $2.703 | $2.653 | $2.803 | -11.95% |
| June, 2025 | $2.6769 | $2.6159 | $2.7158 | -12.81% |
| July, 2025 | $2.6917 | $2.6178 | $2.8298 | -12.32% |
| August, 2025 | $2.6691 | $2.6236 | $2.7146 | -13.06% |
| September, 2025 | $2.3258 | $2.2639 | $2.63 | -24.24% |
| October, 2025 | $2.3354 | $2.3016 | $2.4877 | -23.93% |
| November, 2025 | $2.3231 | $2.2412 | $2.3793 | -24.33% |
| December, 2025 | $2.2628 | $2.2428 | $2.3551 | -26.29% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2026
The predicted value for Mfs Government Markets Income Trust (MGF) in 2026 is set at an average of $2.1995. Estimates vary from a peak of $2.3995 to a trough of $1.9994, indicating an -28.36% surge from the present price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $2.2805 | $2.2486 | $2.3486 | -25.72% |
| February, 2026 | $2.2082 | $2.1882 | $2.3063 | -28.07% |
| March, 2026 | $2.2059 | $2.1801 | $2.314 | -28.15% |
| April, 2026 | $2.1355 | $2.0636 | $2.2078 | -30.44% |
| May, 2026 | $2.1833 | $1.9994 | $2.1833 | -28.88% |
| June, 2026 | $2.181 | $2.1171 | $2.221 | -28.96% |
| July, 2026 | $2.2906 | $2.1729 | $2.3606 | -25.39% |
| August, 2026 | $2.2683 | $2.2564 | $2.3725 | -26.11% |
| September, 2026 | $2.218 | $2.216 | $2.366 | -27.75% |
| October, 2026 | $2.1957 | $2.1818 | $2.2457 | -28.48% |
| November, 2026 | $2.2634 | $2.1876 | $2.3995 | -26.27% |
| December, 2026 | $2.14 | $2.0912 | $2.2892 | -30.29% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Mfs Government Markets Income Trust (MGF) is $1.7728, with a high forecast of $2.0016 and a low forecast of $1.5441. This indicates an -42.25% decrease from the last price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $1.9216 | $1.7758 | $2.0016 | -37.41% |
| February, 2027 | $1.8531 | $1.8174 | $1.9245 | -39.64% |
| March, 2027 | $1.8376 | $1.7618 | $1.8989 | -40.14% |
| April, 2027 | $1.7892 | $1.7692 | $1.8485 | -41.72% |
| May, 2027 | $1.8107 | $1.7778 | $1.8778 | -41.02% |
| June, 2027 | $1.7252 | $1.7152 | $1.8394 | -43.81% |
| July, 2027 | $1.7268 | $1.7168 | $1.851 | -43.75% |
| August, 2027 | $1.6783 | $1.6054 | $1.7396 | -45.33% |
| September, 2027 | $1.6928 | $1.5441 | $1.7299 | -44.86% |
| October, 2027 | $1.7543 | $1.6657 | $1.7743 | -42.86% |
| November, 2027 | $1.8459 | $1.7472 | $1.9159 | -39.87% |
| December, 2027 | $1.8804 | $1.8146 | $1.9288 | -38.75% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2028
In 2028, Mfs Government Markets Income Trust (MGF) is projected to reach an average price of $1.5471, with a high projection of $1.9693 and a low estimate of $1.1249. This indicates an -49.61% fall from the last price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $1.7819 | $1.779 | $1.929 | -41.96% |
| February, 2028 | $1.7635 | $1.7477 | $1.8135 | -42.56% |
| March, 2028 | $1.798 | $1.7564 | $1.9693 | -41.43% |
| April, 2028 | $1.65 | $1.6012 | $1.8637 | -46.25% |
| May, 2028 | $1.3893 | $1.2877 | $1.5154 | -54.75% |
| June, 2028 | $1.3647 | $1.3331 | $1.417 | -55.55% |
| July, 2028 | $1.3601 | $1.2824 | $1.4186 | -55.70% |
| August, 2028 | $1.3294 | $1.2955 | $1.372 | -56.70% |
| September, 2028 | $1.3448 | $1.3071 | $1.4071 | -56.19% |
| October, 2028 | $1.2602 | $1.2502 | $1.3725 | -58.95% |
| November, 2028 | $1.2395 | $1.2395 | $1.388 | -59.62% |
| December, 2028 | $1.1249 | $1.1249 | $1.2511 | -63.36% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2029
The 2029 price forecast for Mfs Government Markets Income Trust Stock (MGF) is $1.1693 on average, with a high prediction of $1.539 and a low estimate of $0.7996. This represents an -61.91% decrease from the previous price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $1.2642 | $1.0888 | $1.2765 | -58.82% |
| February, 2029 | $1.3596 | $1.2481 | $1.3896 | -55.71% |
| March, 2029 | $1.42 | $1.3435 | $1.4851 | -53.75% |
| April, 2029 | $1.4405 | $1.3728 | $1.4689 | -53.08% |
| May, 2029 | $1.3398 | $1.3198 | $1.4921 | -56.36% |
| June, 2029 | $1.3852 | $1.3136 | $1.4252 | -54.88% |
| July, 2029 | $1.3706 | $1.3506 | $1.539 | -55.35% |
| August, 2029 | $0.8448 | $0.8148 | $1.4383 | -72.48% |
| September, 2029 | $0.9041 | $0.7996 | $1.0293 | -70.55% |
| October, 2029 | $0.8282 | $0.8182 | $0.9382 | -73.02% |
| November, 2029 | $0.8675 | $0.803 | $0.9227 | -71.74% |
| December, 2029 | $0.8568 | $0.8219 | $0.8923 | -72.09% |
Mfs Government Markets Income Trust Stock (MGF) Price Forecast for 2030
Mfs Government Markets Income Trust Stock (MGF) is expected to reach an average price of $0.7173 in 2030, with a high forecast of $1.1088 and a low forecast of $0.3258. This signifies an -76.64% decrease from the last price of $3.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $0.8308 | $0.8208 | $0.9364 | -72.94% |
| February, 2030 | $0.8901 | $0.7853 | $0.9057 | -71.01% |
| March, 2030 | $0.7794 | $0.7794 | $0.9249 | -74.61% |
| April, 2030 | $0.6687 | $0.6687 | $0.7939 | -78.22% |
| May, 2030 | $0.8128 | $0.6335 | $0.8231 | -73.53% |
| June, 2030 | $0.9121 | $0.7976 | $0.9421 | -70.29% |
| July, 2030 | $1.0162 | $0.8969 | $1.0413 | -66.90% |
| August, 2030 | $0.9954 | $0.931 | $1.0454 | -67.58% |
| September, 2030 | $0.9047 | $0.8847 | $1.0551 | -70.53% |
| October, 2030 | $1.0488 | $0.8795 | $1.1088 | -65.84% |
| November, 2030 | $0.9681 | $0.9181 | $1.0736 | -68.47% |
| December, 2030 | $0.3558 | $0.3258 | $1.0129 | -88.41% |
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