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Do Analysts Agree Tuesday on Global-E Online Ltd (GLBE) Stock's Target Price?

Tuesday, October 19, 2021 02:51 PM | InvestorsObserver Analysts
Do Analysts Agree Tuesday on Global-E Online Ltd (GLBE) Stock's Target Price?

Analysts who follow Global-E Online Ltd (GLBE) on average expect it to add 20.59% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns GLBE an Analyst Ranking of 70, which means it ranks higher than 70 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.8
Wall Street analysts are rating GLBE a Strong Buy today. Find out what this means to you and get the rest of the rankings on GLBE!

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 Global-E Online Ltd Stock Today?

Global-E Online Ltd (GLBE) stock is trading at $61.64 as of 2:41 PM on Tuesday, Oct 19, a gain of $2.76, or 4.69% from the previous closing price of $58.88. The stock has traded between $58.80 and $62.84 so far today. Volume today is below average. So far 1,141,964 shares have traded compared to average volume of 1,807,130 shares. Click Here to get the full Stock Report for Global-E Online Ltd stock.

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