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Do Analysts Agree Friday on TPI Composites Inc (TPIC) Stock's Target Price?

Friday, March 08, 2024 02:42 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on TPI Composites Inc (TPIC) Stock's Target Price?

Wall Street is positive on TPI Composites Inc (TPIC). On average, analysts give the stock a Buy rating. The average price target is $6.663, which means analysts expect the stock to increase by 95.40% over the next twelve months. That average ranking earns the stock an Analyst Rating of 24, which is better than 24% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.6
Wall Street analysts are rating TPIC a Buy today. Find out what this means to you and get the rest of the rankings on TPIC!

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. InvestorsObserver 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 TPI Composites Inc Stock Today?

TPI Composites Inc (TPIC) stock has risen 12.54% while the S&P 500 is lower by -0.23% as of 2:31 PM on Friday, Mar 8. TPIC is up $0.38 from the previous closing price of $3.03 on volume of 1,262,327 shares. Over the past year the S&P 500 has gained 31.32% while TPIC is lower by -74.17%. TPIC lost -$4.04 per share the over the last 12 months. Click Here to get the full Stock Report for TPI Composites Inc stock.

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