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Do Analysts Agree Friday on Nov Inc (NOV) Stock's Target Price?

Friday, November 18, 2022 02:32 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Nov Inc (NOV) Stock's Target Price?

Wall Street is positive on Nov Inc (NOV). On average, analysts give Nov Inc a Buy rating. The average price target is $23.785, which means analysts expect the stock to gain by 5.29% over the next twelve months. That average ranking earns Nov Inc an Analyst Rating of 32, which is better than 32% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating NOV a Buy today. Find out what this means to you and get the rest of the rankings on NOV!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Nov Inc Stock Today?

Nov Inc (NOV) stock is lower by -1.7% while the S&P 500 is up 0.06% as of 2:15 PM on Friday, Nov 18. NOV is down -$0.39 from the previous closing price of $22.98 on volume of 1,075,760 shares. Over the past year the S&P 500 has fallen -16.06% while NOV is up 79.71%. NOV earned $0.02 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 935.84. Click Here to get the full Stock Report for Nov Inc stock.

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