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Do Analysts Agree Thursday on Grindrod Shipping Holdings Ltd (GRIN) Stock's Target Price?

Thursday, October 19, 2023 10:14 AM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Grindrod Shipping Holdings Ltd (GRIN) Stock's Target Price?

InvestorsObserver is giving Grindrod Shipping Holdings Ltd (GRIN) an Analyst Rating Rank of 5, meaning GRIN is ranked higher by analysts than 5% of stocks. The average price target for GRIN is $12.5 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating GRIN a Hold today. Find out what this means to you and get the rest of the rankings on GRIN!

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 Grindrod Shipping Holdings Ltd Stock Today?

Grindrod Shipping Holdings Ltd (GRIN) stock has fallen -26.03% while the S&P 500 is up 0.12% as of 10:09 AM on Thursday, Oct 19. GRIN is down -$3.49 from the previous closing price of $13.40 on volume of 53,780 shares. Over the past year the S&P 500 is higher by 16.90% while GRIN is down -61.21%. GRIN earned $0.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.19. Click Here to get the full Stock Report for Grindrod Shipping Holdings Ltd stock.

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