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Do Analysts Agree Monday on Gogoro Inc (GGR) Stock's Target Price?

Monday, October 03, 2022 03:22 PM | InvestorsObserver Analysts
Do Analysts Agree Monday on Gogoro Inc (GGR) Stock's Target Price?

InvestorsObserver is giving Gogoro Inc (GGR) an Analyst Rating Rank of 23, meaning GGR is ranked higher by analysts than 23% of stocks. The average price target for GGR is $9.633 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating GGR a Buy today. Find out what this means to you and get the rest of the rankings on GGR!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Gogoro Inc Stock Today?

Gogoro Inc (GGR) stock is trading at $3.51 as of 3:22 PM on Monday, Oct 3, a loss of -$0.26, or -6.9% from the previous closing price of $3.77. The stock has traded between $3.49 and $3.83 so far today. Volume today is more active than usual. So far 707,302 shares have traded compared to average volume of 527,233 shares. Click Here to get the full Stock Report for Gogoro Inc stock.

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