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American Well Corp (AMWL) Stock: Do Analysts Think You Should Accumulate?

Thursday, November 02, 2023 10:49 AM | InvestorsObserver Analysts

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American Well Corp (AMWL) Stock: Do Analysts Think You Should Accumulate?

Analysts who follow American Well Corp (AMWL) on average expect it to climb 93.73% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns AMWL an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating AMWL a Buy today. Find out what this means to you and get the rest of the rankings on AMWL!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With American Well Corp Stock Today?

American Well Corp (AMWL) stock is trading at $1.26 as of 10:32 AM on Thursday, Nov 2, a gain of $0.05, or 4.13% from the previous closing price of $1.21. The stock has traded between $1.05 and $1.30 so far today. Volume today is light. So far 619,457 shares have traded compared to average volume of 1,464,293 shares. Click Here to get the full Stock Report for American Well Corp stock.

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