Do Analysts Agree Wednesday on Volta Inc (VLTA) Stock's Target Price?

Wednesday, June 29, 2022 03:29 PM | InvestorsObserver Analysts

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Wall Street is positive on Volta Inc (VLTA). On average, analysts give Volta Inc a Buy rating. The average price target is $5.214, which means analysts expect the stock to increase by 292.03% over the next twelve months. That average ranking earns Volta Inc an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating VLTA a Buy today. Find out what this means to you and get the rest of the rankings on VLTA!
See Full VLTA 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 Volta Inc Stock Today?

Volta Inc (VLTA) stock is trading at $1.33 as of 3:27 PM on Wednesday, Jun 29, a loss of -$0.10, or -7.34% from the previous closing price of $1.43. The stock has traded between $1.30 and $1.41 so far today. Volume today is 3,144,042 compared to average volume of 3,721,005. Click Here to get the full Stock Report for Volta Inc stock.

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