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Do Analysts Agree Friday on Hyzon Motors Inc (HYZN) Stock's Target Price?

Friday, March 24, 2023 02:36 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Hyzon Motors Inc (HYZN) Stock's Target Price?

Wall Street is positive on Hyzon Motors Inc (HYZN). On average, analysts give HYZN a Hold rating. The average price target is $4.65, which means analysts expect the stock to add by 554.93% over the next twelve months. That average ranking earns HYZN an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.7
Wall Street analysts are rating HYZN a Hold today. Find out what this means to you and get the rest of the rankings on HYZN!

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 Hyzon Motors Inc Stock Today?

Hyzon Motors Inc (HYZN) stock is lower by -29.18% while the S&P 500 is higher by 0.14% as of 2:36 PM on Friday, Mar 24. HYZN is down -$0.29 from the previous closing price of $1.00 on volume of 7,067,348 shares. Over the past year the S&P 500 is lower by -12.52% while HYZN is down -88.91%. HYZN lost -$0.04 per share the over the last 12 months. Click Here to get the full Stock Report for Hyzon Motors Inc stock.

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