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Do Analysts Expect Goosehead Insurance Inc (GSHD) Stock to Rise After It Has Fallen -13.15% in a Month?

Friday, October 27, 2023 11:52 AM | InvestorsObserver Analysts

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Do Analysts Expect Goosehead Insurance Inc (GSHD) Stock to Rise After It Has Fallen -13.15% in a Month?

Wall Street is positive on Goosehead Insurance Inc (GSHD). On average, analysts give Goosehead Insurance Inc a Buy rating. The average price target is $74.777, which means analysts expect the stock to climb by 12.51% over the next twelve months. That average ranking earns Goosehead Insurance Inc an Analyst Rating of 33, which is better than 33% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating GSHD a Buy today. Find out what this means to you and get the rest of the rankings on GSHD!

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 Goosehead Insurance Inc Stock Today?

Goosehead Insurance Inc (GSHD) stock is trading at $66.46 as of 11:34 AM on Friday, Oct 27, a rise of $0.02, or 0.03% from the previous closing price of $66.44. Volume today is less active than usual. So far 106,034 shares have traded compared to average volume of 320,417 shares. The stock has traded between $65.61 and $66.96 so far today. Click Here to get the full Stock Report for Goosehead Insurance Inc stock.

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