Do Analysts Expect Boqii Holding Ltd (BQ) Stock to Rise After It Is Down -41.18% in a Month?

Wednesday, December 29, 2021 11:40 AM | InvestorsObserver Analysts

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Do Analysts Expect Boqii Holding Ltd (BQ) Stock to Rise After It Is Down -41.18% in a Month?

Wall Street is positive on Boqii Holding Ltd (BQ). On average, analysts give BQ a Strong Buy rating. The average price target is $6, which means analysts expect the stock to gain by 566.67% over the next twelve months. That average ranking earns BQ an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

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

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Boqii Holding Ltd Stock Today?

Boqii Holding Ltd (BQ) stock is trading at $0.90 as of 11:24 AM on Wednesday, Dec 29, a decline of -$0.02, or -2.23% from the previous closing price of $0.92. The stock has traded between $0.90 and $0.98 so far today. Volume today is less active than usual. So far 169,829 shares have traded compared to average volume of 310,780 shares. Click Here to get the full Stock Report for Boqii Holding Ltd stock.