Where Does Wall Street Think Nextplay Technologies Inc (NXTP) Stock Will Go?

Wednesday, November 24, 2021 10:48 AM | InvestorsObserver Analysts

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InvestorsObserver is giving Nextplay Technologies Inc (NXTP) an Analyst Rating Rank of 74, meaning NXTP is ranked higher by analysts than 74% of stocks. The average price target for NXTP is $3 and analyst’s rate the stock as a Strong Buy.

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

Nextplay Technologies Inc (NXTP) stock is higher by 3.6% while the S&P 500 is lower by -0.18% as of 10:46 AM on Wednesday, Nov 24. NXTP is higher by $0.04 from the previous closing price of $1.11 on volume of 472,891 shares. Over the past year the S&P 500 has gained 28.79% while NXTP is lower by -58.18%. NXTP lost -$0.81 per share the over the last 12 months. Click Here to get the full Stock Report for Nextplay Technologies Inc stock.

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