Wall Street is positive on Clipper Realty Inc (CLPR). On average, analysts give the stock a Strong Buy rating. The average price target is $12.5, which means analysts expect the stock to gain by 109.38% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
Investors Observer takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Clipper Realty Inc Stock Today?
Clipper Realty Inc (CLPR) stock has gained 4.74% while the S&P 500 is down -0.09% as of 10:42 AM on Thursday, Sep 24. CLPR is higher by $0.27 from the previous closing price of $5.70 on volume of 28,917 shares. Over the past year the S&P 500 is up 8.35% while CLPR is down -44.52%. CLPR lost -$0.23 per share the over the last 12 months.