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Do Analysts Agree Thursday on FREYR BATTERY ORD (FREY) Stock's Target Price?

Thursday, March 21, 2024 01:12 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on FREYR BATTERY ORD (FREY) Stock's Target Price?

Analysts who follow FREYR BATTERY ORD (FREY) on average expect it to climb 259.01% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns FREY an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.8
Wall Street analysts are rating FREY a Hold today. Find out what this means to you and get the rest of the rankings on FREY!

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 FREYR BATTERY ORD Stock Today?

FREYR BATTERY ORD (FREY) stock is trading at $1.61 as of 1:09 PM on Thursday, Mar 21, a gain of $0.06, or 3.87% from the previous closing price of $1.55. The stock has traded between $1.52 and $1.64 so far today. Volume today is low. So far 999,958 shares have traded compared to average volume of 1,739,476 shares. Click Here to get the full Stock Report for FREYR BATTERY ORD stock.

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