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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 $2.7901, representing a -9.12% decrease from the current price of $3.07. The highest analyst price target is $2.8596, and the lowest is $2.7206.

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 2.6572 (-13.45% Downside)
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Is Mfs Government Markets Income Trust (MGF) A Buy Now?

Oscillators
Name Value Action
RSI(14) 49.04 Neutral
STOCH(9,6) 44.07 Neutral
STOCHRSI(14) 91.19 Sell
MACD(12,26) -0.00693 Buy
ADX(14) 17.52 Neutral
William %R -47.06 Neutral
CCI(14) 49.51 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
3.0559
Buy
3.0553
Buy
MA20
3.0512
Buy
3.0586
Buy
MA50
3.078
Sell
3.0771
Sell
MA100
3.1045
Sell
3.0967
Sell
MA200
3.1037
Sell
3.1305
Sell
Buy: 4 Sell: 6 Neutral: 0
Summary: Sell
According to our latest analysis, MGF could be considered a Moderate Sell, with 17 technical analysis indicators signaling 5 Buy signals, 7 signaling Sell signals and 5 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.
  1. RSI (Relative Strength Index): The RSI(14) value of 49.04 indicates that MGF is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 44.07 indicates that MGF is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 91.19 indicates that MGF is oversold. This suggests that MGF price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 17.52 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 49.51 indicates that MGF is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

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
July, 2024 $2.8016 $2.7206 $2.8596 -8.74%
August, 2024 $2.7454 $2.7345 $2.8325 -10.57%
September, 2024 $2.7993 $2.7164 $2.8193 -8.82%
October, 2024 $2.6741 $2.6541 $2.8002 -12.90%
November, 2024 $2.668 $2.6451 $2.777 -13.10%
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%
closed_end_fund_debt NUV
$8.55
price up icon 0.12%
closed_end_fund_debt GOF
$14.83
price down icon 0.11%
closed_end_fund_debt PTY
$14.24
price down icon 0.04%
closed_end_fund_debt JPC
$7.465
price up icon 0.27%
closed_end_fund_debt NZF
$12.37
price down icon 0.24%
closed_end_fund_debt NVG
$12.45
price down icon 0.16%
Cap:     |  Volume (24h):