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Do Analysts Agree on PTC Inc (PTC) Stock's Target Price?

Friday, January 08, 2021 11:47 AM | InvestorsObserver Analysts

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Do Analysts Agree on PTC Inc (PTC) Stock's Target Price?

InvestorsObserver is giving PTC Inc (PTC) an Analyst Rating Rank of 60, meaning PTC is ranked higher by analysts than 60% of stocks. The average projection by analysts for PTC is $115.714 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.5
Wall Street analysts are rating PTC a Strong Buy today. Find out what this means to you and get the rest of the rankings on PTC!

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 PTC Inc Stock Today?

PTC Inc (PTC) stock is trading at $127.00 as of 11:46 AM on Friday, Jan 8, an increase of $1.55, or 1.24% from the previous closing price of $125.45. The stock has traded between $125.82 and $129.26 so far today. Volume today is less active than usual. So far 331,432 shares have traded compared to average volume of 636,486 shares.

Click Here to get the full report on PTC Inc (PTC) Stock.

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