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.
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!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Grindrod Shipping Holdings Ltd Stock Today?
Grindrod Shipping Holdings Ltd (GRIN) stock has gained 2.53% while the S&P 500 is down -0.18% as of 10:52 AM on Thursday, Nov 16. GRIN has risen $0.21 from the previous closing price of $8.29 on volume of 9,224 shares. Over the past year the S&P 500 has gained 13.54% while GRIN is down -67.14%. GRIN earned $0.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.82.
Click Here to get the full Stock Report for Grindrod Shipping Holdings Ltd stock.
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