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Analyst Rating: Will Essent Group Ltd (ESNT) Stock Outperform the Market?

Wednesday, May 11, 2022 11:50 AM | InvestorsObserver Analysts

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Analyst Rating: Will Essent Group Ltd (ESNT) Stock Outperform the Market?

Wall Street is positive on Essent Group Ltd (ESNT). On average, analysts give Essent Group Ltd a Strong Buy rating. The average price target is $56.333, which means analysts expect the stock to gain by 35.42% over the next twelve months. That average ranking earns Essent Group Ltd an Analyst Rating of 59, which is better than 59% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.6
Wall Street analysts are rating ESNT a Strong Buy today. Find out what this means to you and get the rest of the rankings on ESNT!

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 Essent Group Ltd Stock Today?

Essent Group Ltd (ESNT) stock is trading at $41.60 as of 11:35 AM on Wednesday, May 11, an increase of $0.68, or 1.66% from the previous closing price of $40.92. The stock has traded between $40.60 and $41.66 so far today. Volume today is below average. So far 185,331 shares have traded compared to average volume of 644,025 shares. Click Here to get the full Stock Report for Essent Group Ltd stock.

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