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Do Analysts Agree Thursday on Overstock.com Inc (OSTK) Stock's Target Price?

Thursday, September 23, 2021 12:54 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Overstock.com Inc (OSTK) Stock's Target Price?

Analysts who follow Overstock.com Inc (OSTK) on average expect it to climb 57.07% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns OSTK an Analyst Ranking of 75, which means it ranks higher than 75 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating OSTK a Strong Buy today. Find out what this means to you and get the rest of the rankings on OSTK!

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 Overstock.com Inc Stock Today?

Overstock.com Inc (OSTK) stock is trading at $79.20 as of 12:48 PM on Thursday, Sep 23, an increase of $3.49, or 4.61% from the previous closing price of $75.71. The stock has traded between $75.57 and $79.66 so far today. Volume today is low. So far 786,100 shares have traded compared to average volume of 1,067,047 shares. Click Here to get the full Stock Report for Overstock.com Inc stock.

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