Wall Street is positive on Alamos Gold Inc (AGI). On average, analysts give the stock a Buy rating. The average price target is $11.044, which means analysts expect the stock to climb by 37.71% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 29, which is better than 29% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating AGI a Buy today. Find out what this means to you and get the rest of the rankings on AGI!
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 Alamos Gold Inc Stock Today?
Alamos Gold Inc (AGI) stock is trading at $8.02 as of 10:20 AM on Tuesday, Oct 19, an increase of $0.07, or 0.88% from the previous closing price of $7.95. The stock has traded between $8.02 and $8.14 so far today. Volume today is low. So far 242,760 shares have traded compared to average volume of 2,821,021 shares.
Click Here to get the full Stock Report for Alamos Gold Inc stock.