Wall Street is positive on Penn Virginia Corporation (PVAC). On average, analysts give Penn Virginia Corporation a Strong Buy rating. The average price target is $13.5, which means analysts expect the stock to climb by 0.22% over the next twelve months.
That average ranking earns Penn Virginia Corporation an Analyst Rating of 64, which is better than 64% of stocks based on data compiled by InvestorsObserver.
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.
Investors Observer 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 Penn Virginia Corporation Stock Today?
Penn Virginia Corporation (PVAC) stock is trading at $13.47 as of 10:40 AM on Monday, Aug 10, an increase of $2.07, or 18.16% from the previous closing price of $11.40. The stock has traded between $11.63 and $13.69 so far today. Volume today is 891,283 compared to average volume of 983,026.