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Analyst Rating: Will Iclick Interactive Asia Group Ltd (ICLK) Stock Beat the Market?

Friday, May 20, 2022 01:46 PM | InvestorsObserver Analysts

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Analyst Rating: Will Iclick Interactive Asia Group Ltd (ICLK) Stock Beat the Market?

Wall Street is positive on Iclick Interactive Asia Group Ltd (ICLK). On average, analysts give Iclick Interactive Asia Group Ltd a Strong Buy rating. The average price target is $8.95, which means analysts expect the stock to increase by 1160.56% over the next twelve months. That average ranking earns Iclick Interactive Asia Group Ltd an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating ICLK a Strong Buy today. Find out what this means to you and get the rest of the rankings on ICLK!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Iclick Interactive Asia Group Ltd Stock Today?

Iclick Interactive Asia Group Ltd (ICLK) stock is trading at $0.71 as of 1:42 PM on Friday, May 20, a decline of -$0.10, or -11.84% from the previous closing price of $0.81. The stock has traded between $0.71 and $0.80 so far today. Volume today is less active than usual. So far 240,686 shares have traded compared to average volume of 560,210 shares. Click Here to get the full Stock Report for Iclick Interactive Asia Group Ltd stock.

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