Wall Street is positive on Core & Main Inc (CNM). On average, analysts give CNM a Buy rating. The average price target is $28.222, which means analysts expect the stock to gain by 3.83% over the next twelve months.
That average ranking earns CNM an Analyst Rating of 33, which is better than 33% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CNM a Buy today. Find out what this means to you and get the rest of the rankings on CNM!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Core & Main Inc Stock Today?
Core & Main Inc (CNM) stock is lower by -0.35% while the S&P 500 has risen 0.38% as of 1:03 PM on Monday, Jun 5. CNM has fallen -$0.09 from the previous closing price of $27.28 on volume of 392,806 shares. Over the past year the S&P 500 has risen 4.30% while CNM has risen 10.13%. CNM earned $2.13 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.74.
Click Here to get the full Stock Report for Core & Main Inc stock.
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