Do Analysts Expect Cano Health Inc (CANO) Stock to Rise After It Has Fallen -35.48% in a Month?

Tuesday, October 17, 2023 01:47 PM | InvestorsObserver Analysts

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Do Analysts Expect Cano Health Inc (CANO) Stock to Rise After It Has Fallen -35.48% in a Month?

Analysts who follow Cano Health Inc (CANO) on average expect it to gain 243.50% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Cano Health Inc an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.

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

See Full CANO 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 Cano Health Inc Stock Today?

Cano Health Inc (CANO) stock is higher by 7.34% while the S&P 500 is down -0.09% as of 1:46 PM on Tuesday, Oct 17. CANO is up $0.01 from the previous closing price of $0.18 on volume of 1,097,352 shares. Over the past year the S&P 500 has gained 18.81% while CANO is down -95.77%. CANO lost -$1.48 per share the over the last 12 months. Click Here to get the full Stock Report for Cano Health Inc stock.