What is Wall Street’s target price for Sunworks Inc (SUNW) stock on Friday?
Wall Street is positive on Sunworks Inc (SUNW). On average, analysts give the stock a buy rating. The average price target is $3.25, which means analysts expect the stock to rise 95.78% over the next twelve months. This average ranking gives the stock an analyst rating of 31, which is better than 31% of stocks based on data compiled by InvestorsObserver.
Why are analyst ratings important?
Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s bottom line. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings of these analysts and ranks them into percentiles. This gives you the ability to compare stocks in a comprehensive fashion as opposed to a standard buy/hold/sell valuation.
What’s going on with Sunworks Inc stock today?
Sunworks Inc (SUNW) stock is trading at $1.66 at 11:39 a.m. Friday, July 22, down -$0.07, or -4.09% from the previous closing price of 1. $73. The stock has traded between $1.65 and $1.76 so far today. Volume today is less active than usual. So far, 175,042 shares have been traded with an average volume of 832,327 shares. Click here for the full Sunworks Inc. stock report.
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