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Do Analysts Expect Beyond Meat Inc (BYND) Stock to Rise After It Has Fallen -4.73% in a Month?

Tuesday, October 19, 2021 02:51 PM | InvestorsObserver Analysts
Do Analysts Expect Beyond Meat Inc (BYND) Stock to Rise After It Has Fallen -4.73% in a Month?

InvestorsObserver is giving Beyond Meat Inc (BYND) an Analyst Rating Rank of 11, meaning BYND is ranked higher by analysts than 11% of stocks. The average price target for BYND is $125 and analyst’s rate the stock as a Buy.

Overall Score - 3.2
Wall Street analysts are rating BYND a Buy today. Find out what this means to you and get the rest of the rankings on BYND!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Beyond Meat Inc Stock Today?

Beyond Meat Inc (BYND) stock has fallen -0.12% while the S&P 500 is up 0.56% as of 2:45 PM on Tuesday, Oct 19. BYND has fallen -$0.12 from the previous closing price of $107.08 on volume of 945,549 shares. Over the past year the S&P 500 is up 31.65% while BYND has fallen -41.91%. BYND lost -$1.45 per share the over the last 12 months. Click Here to get the full Stock Report for Beyond Meat Inc stock.

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