DISH Network Corp (DISH) Stock: Do Analysts Think You Should Hold?

Tuesday, November 21, 2023 02:54 PM | InvestorsObserver Analysts

Mentioned in this article

DISH Network Corp (DISH) Stock: Do Analysts Think You Should Hold?

InvestorsObserver is giving DISH Network Corp (DISH) an Analyst Rating Rank of 23, meaning DISH is ranked higher by analysts than 23% of stocks. The average price target for DISH is $7.272 and analyst’s rate the stock as a Buy.

Wall Street analysts are rating DISH a Buy today. Find out what this means to you and get the rest of the rankings on DISH!

See Full DISH Report

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With DISH Network Corp Stock Today?

DISH Network Corp (DISH) stock is trading at $3.62 as of 2:47 PM on Tuesday, Nov 21, a loss of -$0.04, or -0.96% from the previous closing price of $3.65. The stock has traded between $3.57 and $3.76 so far today. Volume today is light. So far 5,467,773 shares have traded compared to average volume of 11,524,623 shares. Click Here to get the full Stock Report for DISH Network Corp stock.