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Analyst Rating: Will Spi Energy Co Ltd (SPI) Stock Beat the Market?

Friday, October 22, 2021 01:40 PM | InvestorsObserver Analysts

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Analyst Rating: Will Spi Energy Co Ltd (SPI) Stock Beat the Market?

InvestorsObserver is giving Spi Energy Co Ltd (SPI) an Analyst Rating Rank of 75, meaning SPI is ranked higher by analysts than 75% of stocks. The average price target for SPI is $12 and analyst’s rate the stock as a Strong Buy.

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

Why are Analyst Ratings Important?

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 Spi Energy Co Ltd Stock Today?

Spi Energy Co Ltd (SPI) stock is trading at $4.91 as of 1:25 PM on Friday, Oct 22, a decline of -$0.17, or -3.35% from the previous closing price of $5.08. The stock has traded between $4.85 and $5.07 so far today. Volume today is light. So far 135,712 shares have traded compared to average volume of 314,559 shares. Click Here to get the full Stock Report for Spi Energy Co Ltd stock.

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