Do Analysts Expect Genfit SA (GNFT) Stock to Rise After It Has Risen 6.51% in a Month?

Tuesday, August 31, 2021 11:55 AM | InvestorsObserver Analysts

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Do Analysts Expect Genfit SA (GNFT) Stock to Rise After It Has Risen 6.51% in a Month?

InvestorsObserver is giving Genfit SA (GNFT) an Analyst Rating Rank of 13, meaning GNFT is ranked higher by analysts than 13% of stocks. The average price target for GNFT is $9.333 and analyst’s rate the stock as a Buy.

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

See Full GNFT Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Genfit SA Stock Today?

Genfit SA (GNFT) stock is trading at $4.09 as of 11:39 AM on Tuesday, Aug 31, a rise of $0.25, or 6.51% from the previous closing price of $3.84. Volume today is elevated. So far 60,851 shares have traded compared to average volume of 7,803 shares. The stock has traded between $4.09 and $4.49 so far today. Click Here to get the full Stock Report for Genfit SA stock.