InvestorsObserver
×
News Home

Do Analysts Agree Thursday on Porch Group Inc (PRCH) Stock's Target Price?

Thursday, March 28, 2024 10:58 AM | InvestorsObserver Analysts

Mentioned in this article

Do Analysts Agree Thursday on Porch Group Inc (PRCH) Stock's Target Price?

InvestorsObserver is giving Porch Group Inc (PRCH) an Analyst Rating Rank of 52, meaning PRCH is ranked higher by analysts than 52% of stocks. The average price target for PRCH is $4.531 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.3
Wall Street analysts are rating PRCH a Strong Buy today. Find out what this means to you and get the rest of the rankings on PRCH!

Why are Analyst Ratings Important?

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 Porch Group Inc Stock Today?

Porch Group Inc (PRCH) stock is trading at $4.35 as of 10:57 AM on Thursday, Mar 28, an increase of $0.22, or 5.27% from the previous closing price of $4.13. The stock has traded between $4.04 and $4.42 so far today. Volume today is less active than usual. So far 638,293 shares have traded compared to average volume of 2,003,608 shares. Click Here to get the full Stock Report for Porch Group Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App