Where Does Wall Street Think TMC the metals company Inc (TMC) Stock Will Go?

Wednesday, November 29, 2023 01:00 PM | InvestorsObserver Analysts

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InvestorsObserver is giving TMC the metals company Inc (TMC) an Analyst Rating Rank of 36, meaning TMC is ranked higher by analysts than 36% of stocks. The average price target for TMC is $5 and analyst’s rate the stock as a Buy.

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

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 TMC the metals company Inc Stock Today?

TMC the metals company Inc (TMC) stock has fallen -5.16% while the S&P 500 has risen 0.28% as of 12:49 PM on Wednesday, Nov 29. TMC is down -$0.06 from the previous closing price of $1.26 on volume of 705,281 shares. Over the past year the S&P 500 is up 15.41% while TMC has risen 48.15%. TMC lost -$0.50 per share the over the last 12 months. Click Here to get the full Stock Report for TMC the metals company Inc stock.

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