Do Analysts Agree Thursday on Cano Health Inc (CANO) Stock's Target Price?

Thursday, November 09, 2023 10:38 AM | InvestorsObserver Analysts

Mentioned in this article

Do Analysts Agree Thursday on Cano Health Inc (CANO) Stock's Target Price?

InvestorsObserver is giving Cano Health Inc (CANO) an Analyst Rating Rank of 4, meaning CANO is ranked higher by analysts than 4% of stocks. The average price target for CANO is $75 and analyst’s rate the stock as a Hold.

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

See Full CANO Report

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 Cano Health Inc Stock Today?

Cano Health Inc (CANO) stock has risen 9.11% while the S&P 500 has fallen -0.25% as of 10:16 AM on Thursday, Nov 9. CANO has risen $0.81 from the previous closing price of $8.89 on volume of 84,009 shares. Over the past year the S&P 500 is higher by 16.63% while CANO has fallen -97.10%. CANO lost -$1.48 per share the over the last 12 months. Click Here to get the full Stock Report for Cano Health Inc stock.