Do Analysts Agree Wednesday on Salem Media Group Inc (SALM) Stock's Target Price?

InvestorsObserver is giving Salem Media Group Inc (SALM) an Analyst Rating Rank of 78, meaning SALM is ranked higher by analysts than 78% of stocks. The average price target for SALM is $2.25 and analyst’s rate the stock as a Strong Buy

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

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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 Salem Media Group Inc Stock Today?

Salem Media Group Inc (SALM) stock is up 10.2% while the S&P 500 is down -0.7% as of 3:01 PM on Wednesday, Mar 3. SALM is higher by $0.28 from the previous closing price of $2.70 on volume of 723,075 shares. Over the past year the S&P 500 has gained 27.96% while SALM is higher by 122.39%. SALM lost -$2.32 per share the over the last 12 months.

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