Turning Point Brands Inc (TPB) Stock: Do Analysts Think You Should Hold?

Monday, November 29, 2021 03:39 PM | InvestorsObserver Analysts

Mentioned in this article

Wall Street is positive on Turning Point Brands Inc (TPB). On average, analysts give Turning Point Brands Inc a Strong Buy rating. The average price target is $60, which means analysts expect the stock to gain by 61.29% over the next twelve months. That average ranking earns Turning Point Brands Inc an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

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

Turning Point Brands Inc (TPB) stock is lower by -0.69% while the S&P 500 has risen 1.55% as of 3:38 PM on Monday, Nov 29. TPB has fallen -$0.26 from the previous closing price of $37.46 on volume of 114,298 shares. Over the past year the S&P 500 is higher by 28.83% while TPB has fallen -4.66%. TPB earned $2.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.29. Click Here to get the full Stock Report for Turning Point Brands Inc stock.

Share this article:

Related Articles