Do Analysts Expect CalAmp Corp (CAMP) Stock to Rise After It Is Down -62.76% in a Month?

Wall Street is positive on CalAmp Corp (CAMP). On average, analysts give the stock a Hold rating. The average price target is $25.287, which means analysts expect the stock to rise by 989.96% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

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

See Full CAMP Report

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 CalAmp Corp Stock Today?

CalAmp Corp (CAMP) stock is trading at $2.32 as of 1:49 PM on Thursday, Feb 8, a drop of -$0.24, or -9.38% from the previous closing price of $2.56. The stock has traded between $2.29 and $2.56 so far today. Volume today is low. So far 90,720 shares have traded compared to average volume of 204,057 shares. Click Here to get the full Stock Report for CalAmp Corp stock.