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Do Analysts Expect Carlotz Inc (LOTZ) Stock to Rise After It Is Down -28.80% in a Month?

Friday, January 07, 2022 01:08 PM | InvestorsObserver Analysts

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Do Analysts Expect Carlotz Inc (LOTZ) Stock to Rise After It Is Down -28.80% in a Month?

InvestorsObserver is giving Carlotz Inc (LOTZ) an Analyst Rating Rank of 4, meaning LOTZ is ranked higher by analysts than 4% of stocks. The average price target for LOTZ is $6 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating LOTZ a Hold today. Find out what this means to you and get the rest of the rankings on LOTZ!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Carlotz Inc Stock Today?

Carlotz Inc (LOTZ) stock is up 2.98% while the S&P 500 is down -0.14% as of 1:05 PM on Friday, Jan 7. LOTZ has gained $0.06 from the previous closing price of $2.18 on volume of 557,089 shares. Over the past year the S&P 500 is higher by 23.28% while LOTZ is down -80.25%. LOTZ lost -$0.34 per share the over the last 12 months. Click Here to get the full Stock Report for Carlotz Inc stock.

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