Analyst Rating: Will SelectQuote Inc (SLQT) Stock Lead the Market?

Monday, February 26, 2024 11:07 AM | InvestorsObserver Analysts

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Wall Street is positive on SelectQuote Inc (SLQT). On average, analysts give the stock a Hold rating. The average price target is $2.125, which means analysts expect the stock to add by 25.00% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating SLQT a Hold today. Find out what this means to you and get the rest of the rankings on SLQT!
See Full SLQT Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With SelectQuote Inc Stock Today?

SelectQuote Inc (SLQT) stock has gained 1.19% while the S&P 500 is down -0.11% as of 11:01 AM on Monday, Feb 26. SLQT has gained $0.02 from the previous closing price of $1.68 on volume of 396,322 shares. Over the past year the S&P 500 is higher by 27.65% while SLQT is down -28.87%. SLQT lost -$0.30 per share the over the last 12 months. Click Here to get the full Stock Report for SelectQuote Inc stock.

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