Do Analysts Agree Thursday on Facebook, Inc. Common Stock (FB) Stock's Target Price?

Thursday, September 23, 2021 12:54 PM | InvestorsObserver Analysts

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Wall Street is positive on Facebook, Inc. Common Stock (FB). On average, analysts give the stock a Strong Buy rating. The average price target is $396.607, which means analysts expect the stock to climb by 14.60% over the next twelve months. That average ranking earns the stock an Analyst Rating of 64, which is better than 64% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating FB a Strong Buy today. Find out what this means to you and get the rest of the rankings on FB!

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 Facebook, Inc. Common Stock Stock Today?

Facebook, Inc. Common Stock (FB) stock is trading at $346.07 as of 12:51 PM on Thursday, Sep 23, an increase of $2.86, or 0.83% from the previous closing price of $343.21. Volume today is 12,578,069 compared to average volume of 12,718,308. The stock has traded between $343.00 and $349.67 so far today. Click Here to get the full Stock Report for Facebook, Inc. Common Stock stock.

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